Çates Elektrik Üretim Anonim Sirketi

IBSE:CATES Stock Report

Market Cap: ₺9.6b

Çates Elektrik Üretim Anonim Sirketi Balance Sheet Health

Financial Health criteria checks 4/6

Çates Elektrik Üretim Anonim Sirketi has a total shareholder equity of TRY8.1B and total debt of TRY1.2B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are TRY11.2B and TRY3.1B respectively. Çates Elektrik Üretim Anonim Sirketi's EBIT is TRY979.5M making its interest coverage ratio 2. It has cash and short-term investments of TRY1.2B.

Key information


Debt to equity ratio



Interest coverage ratio2x
Total liabilities₺3.09b
Total assets₺11.17b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CATES's short term assets (TRY2.2B) exceed its short term liabilities (TRY2.0B).

Long Term Liabilities: CATES's short term assets (TRY2.2B) exceed its long term liabilities (TRY1.1B).

Debt to Equity History and Analysis

Debt Level: CATES's net debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CATES's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CATES's debt is well covered by operating cash flow (143.5%).

Interest Coverage: CATES's interest payments on its debt are not well covered by EBIT (2x coverage).

Balance Sheet

Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.