Kartal Yenilenebilir Enerji Uretim A.S.

IBSE:KARYE Stock Report

Market Cap: ₺1.8b

Kartal Yenilenebilir Enerji Uretim Balance Sheet Health

Financial Health criteria checks 3/6

Kartal Yenilenebilir Enerji Uretim has a total shareholder equity of TRY2.2B and total debt of TRY633.7M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are TRY3.1B and TRY939.1M respectively. Kartal Yenilenebilir Enerji Uretim's EBIT is TRY47.2M making its interest coverage ratio -5.6. It has cash and short-term investments of TRY16.6M.

Key information

28.8%

Debt to equity ratio

₺633.67m

Debt

Interest coverage ratio-5.6x
Cash₺16.57m
Equity₺2.20b
Total liabilities₺939.07m
Total assets₺3.14b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: KARYE's short term assets (TRY57.3M) do not cover its short term liabilities (TRY202.9M).

Long Term Liabilities: KARYE's short term assets (TRY57.3M) do not cover its long term liabilities (TRY736.2M).


Debt to Equity History and Analysis

Debt Level: KARYE's net debt to equity ratio (28%) is considered satisfactory.

Reducing Debt: KARYE's debt to equity ratio has reduced from 158.2% to 28.8% over the past 5 years.

Debt Coverage: KARYE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: KARYE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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