Kartal Yenilenebilir Enerji Uretim Balance Sheet Health
Financial Health criteria checks 3/6
Kartal Yenilenebilir Enerji Uretim has a total shareholder equity of TRY2.3B and total debt of TRY609.8M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are TRY3.2B and TRY931.6M respectively. Kartal Yenilenebilir Enerji Uretim's EBIT is TRY84.1M making its interest coverage ratio -4. It has cash and short-term investments of TRY26.2M.
Key information
26.7%
Debt to equity ratio
₺609.77m
Debt
Interest coverage ratio | -4x |
Cash | ₺26.19m |
Equity | ₺2.28b |
Total liabilities | ₺931.59m |
Total assets | ₺3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KARYE's short term assets (TRY100.7M) do not cover its short term liabilities (TRY214.2M).
Long Term Liabilities: KARYE's short term assets (TRY100.7M) do not cover its long term liabilities (TRY717.4M).
Debt to Equity History and Analysis
Debt Level: KARYE's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: KARYE's debt to equity ratio has reduced from 117.4% to 26.7% 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.