Çates Elektrik Üretim Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Çates Elektrik Üretim Anonim Sirketi has a total shareholder equity of TRY9.4B and total debt of TRY1.3B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are TRY12.2B and TRY2.9B respectively. Çates Elektrik Üretim Anonim Sirketi's EBIT is TRY471.5M making its interest coverage ratio 3.4. It has cash and short-term investments of TRY979.1M.
Key information
13.4%
Debt to equity ratio
₺1.26b
Debt
Interest coverage ratio | 3.4x |
Cash | ₺979.08m |
Equity | ₺9.38b |
Total liabilities | ₺2.86b |
Total assets | ₺12.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CATES's short term assets (TRY2.1B) exceed its short term liabilities (TRY1.7B).
Long Term Liabilities: CATES's short term assets (TRY2.1B) exceed its long term liabilities (TRY1.2B).
Debt to Equity History and Analysis
Debt Level: CATES's net debt to equity ratio (2.9%) 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 (92.1%).
Interest Coverage: CATES's interest payments on its debt are well covered by EBIT (3.4x coverage).