Zorlu Enerji Elektrik Üretim Balance Sheet Health
Financial Health criteria checks 3/6
Zorlu Enerji Elektrik Üretim has a total shareholder equity of TRY38.5B and total debt of TRY42.1B, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are TRY98.5B and TRY60.0B respectively. Zorlu Enerji Elektrik Üretim's EBIT is TRY1.7B making its interest coverage ratio -3.7. It has cash and short-term investments of TRY1.9B.
Key information
109.4%
Debt to equity ratio
₺42.07b
Debt
| Interest coverage ratio | -3.7x |
| Cash | ₺1.93b |
| Equity | ₺38.47b |
| Total liabilities | ₺60.04b |
| Total assets | ₺98.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZOREN's short term assets (TRY19.8B) do not cover its short term liabilities (TRY31.6B).
Long Term Liabilities: ZOREN's short term assets (TRY19.8B) do not cover its long term liabilities (TRY28.5B).
Debt to Equity History and Analysis
Debt Level: ZOREN's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: ZOREN's debt to equity ratio has reduced from 331.9% to 109.4% over the past 5 years.
Debt Coverage: ZOREN's debt is well covered by operating cash flow (24.4%).
Interest Coverage: ZOREN earns more interest than it pays, so coverage of interest payments is not a concern.