Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 4/6
Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi has a total shareholder equity of TRY13.4B and total debt of TRY3.4B, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are TRY20.0B and TRY6.6B respectively. Naturel Yenilenebilir Enerji Ticaret Anonim Sirketi's EBIT is TRY49.7M making its interest coverage ratio -0.1. It has cash and short-term investments of TRY254.7M.
Key information
25.5%
Debt to equity ratio
₺3.41b
Debt
| Interest coverage ratio | -0.1x |
| Cash | ₺254.74m |
| Equity | ₺13.38b |
| Total liabilities | ₺6.60b |
| Total assets | ₺19.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATEN's short term assets (TRY2.6B) exceed its short term liabilities (TRY2.5B).
Long Term Liabilities: NATEN's short term assets (TRY2.6B) do not cover its long term liabilities (TRY4.1B).
Debt to Equity History and Analysis
Debt Level: NATEN's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: NATEN's debt to equity ratio has reduced from 63.7% to 25.5% over the past 5 years.
Debt Coverage: NATEN's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: NATEN earns more interest than it pays, so coverage of interest payments is not a concern.