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.