Coca-Cola Içecek Anonim Sirketi Balance Sheet Health
Financial Health criteria checks 5/6
Coca-Cola Içecek Anonim Sirketi has a total shareholder equity of TRY60.9B and total debt of TRY42.8B, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are TRY145.4B and TRY84.5B respectively. Coca-Cola Içecek Anonim Sirketi's EBIT is TRY13.5B making its interest coverage ratio 2.4. It has cash and short-term investments of TRY18.8B.
Key information
70.2%
Debt to equity ratio
₺42.81b
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₺18.84b |
| Equity | ₺60.94b |
| Total liabilities | ₺84.48b |
| Total assets | ₺145.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COLZ.F's short term assets (TRY61.6B) exceed its short term liabilities (TRY51.9B).
Long Term Liabilities: COLZ.F's short term assets (TRY61.6B) exceed its long term liabilities (TRY32.6B).
Debt to Equity History and Analysis
Debt Level: COLZ.F's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: COLZ.F's debt to equity ratio has reduced from 70.4% to 70.2% over the past 5 years.
Debt Coverage: COLZ.F's debt is well covered by operating cash flow (26.4%).
Interest Coverage: COLZ.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).