Çan2 Termik Balance Sheet Health
Financial Health criteria checks 6/6
Çan2 Termik has a total shareholder equity of TRY16.8B and total debt of TRY14.5M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are TRY17.8B and TRY935.1M respectively. Çan2 Termik's EBIT is TRY748.4M making its interest coverage ratio 3.2. It has cash and short-term investments of TRY112.2M.
Key information
0.09%
Debt to equity ratio
₺14.55m
Debt
Interest coverage ratio | 3.2x |
Cash | ₺112.20m |
Equity | ₺16.83b |
Total liabilities | ₺935.15m |
Total assets | ₺17.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CANTE's short term assets (TRY4.2B) exceed its short term liabilities (TRY816.8M).
Long Term Liabilities: CANTE's short term assets (TRY4.2B) exceed its long term liabilities (TRY118.3M).
Debt to Equity History and Analysis
Debt Level: CANTE has more cash than its total debt.
Reducing Debt: CANTE's debt to equity ratio has reduced from 121.8% to 0.09% over the past 5 years.
Debt Coverage: CANTE's debt is well covered by operating cash flow (31300.1%).
Interest Coverage: CANTE's interest payments on its debt are well covered by EBIT (3.2x coverage).