Odas Elektrik Üretim Sanayi Ticaret Balance Sheet Health
Financial Health criteria checks 6/6
Odas Elektrik Üretim Sanayi Ticaret has a total shareholder equity of TRY9.6B and total debt of TRY279.1M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are TRY13.7B and TRY4.1B respectively. Odas Elektrik Üretim Sanayi Ticaret's EBIT is TRY1.8B making its interest coverage ratio -0.5. It has cash and short-term investments of TRY1.1B.
Key information
2.9%
Debt to equity ratio
₺279.14m
Debt
Interest coverage ratio | -0.5x |
Cash | ₺1.10b |
Equity | ₺9.55b |
Total liabilities | ₺4.12b |
Total assets | ₺13.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ODAS's short term assets (TRY5.0B) exceed its short term liabilities (TRY3.6B).
Long Term Liabilities: ODAS's short term assets (TRY5.0B) exceed its long term liabilities (TRY537.6M).
Debt to Equity History and Analysis
Debt Level: ODAS has more cash than its total debt.
Reducing Debt: ODAS's debt to equity ratio has reduced from 219.8% to 2.9% over the past 5 years.
Debt Coverage: ODAS's debt is well covered by operating cash flow (1521.5%).
Interest Coverage: ODAS earns more interest than it pays, so coverage of interest payments is not a concern.