Arçelik Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 2/6
Arçelik Anonim Sirketi has a total shareholder equity of TRY66.7B and total debt of TRY107.3B, which brings its debt-to-equity ratio to 161%. Its total assets and total liabilities are TRY279.5B and TRY212.9B respectively. Arçelik Anonim Sirketi's EBIT is TRY12.5B making its interest coverage ratio 1.2. It has cash and short-term investments of TRY46.6B.
Key information
161.0%
Debt to equity ratio
₺107.32b
Debt
Interest coverage ratio | 1.2x |
Cash | ₺46.60b |
Equity | ₺66.65b |
Total liabilities | ₺212.89b |
Total assets | ₺279.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACKA.Y's short term assets (TRY180.9B) exceed its short term liabilities (TRY146.1B).
Long Term Liabilities: ACKA.Y's short term assets (TRY180.9B) exceed its long term liabilities (TRY66.7B).
Debt to Equity History and Analysis
Debt Level: ACKA.Y's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: ACKA.Y's debt to equity ratio has increased from 149.3% to 161% over the past 5 years.
Debt Coverage: ACKA.Y's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ACKA.Y's interest payments on its debt are not well covered by EBIT (1.2x coverage).