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
15.1%
Debt to equity ratio
₺1.22b
Debt
| Interest coverage ratio | 2x |
| Cash | ₺1.17b |
| Equity | ₺8.08b |
| 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).