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Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) Financial Strength : 5 (As of Sep. 2023)


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What is Yeo Teknoloji Enerji Ve Endustri AS Financial Strength?

Yeo Teknoloji Enerji Ve Endustri AS has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Yeo Teknoloji Enerji Ve Endustri AS's Interest Coverage for the quarter that ended in Sep. 2023 was 19.87. Yeo Teknoloji Enerji Ve Endustri AS's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.18. As of today, Yeo Teknoloji Enerji Ve Endustri AS's Altman Z-Score is 5.45.


Competitive Comparison of Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength

For the Engineering & Construction subindustry, Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength falls into.



Yeo Teknoloji Enerji Ve Endustri AS Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Yeo Teknoloji Enerji Ve Endustri AS's Interest Expense for the months ended in Sep. 2023 was ₺-15 Mil. Its Operating Income for the months ended in Sep. 2023 was ₺299 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺656 Mil.

Yeo Teknoloji Enerji Ve Endustri AS's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*299.042/-15.049
=19.87

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Yeo Teknoloji Enerji Ve Endustri AS's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(346.594 + 656.029) / 5720.096
=0.18

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Yeo Teknoloji Enerji Ve Endustri AS has a Z-score of 5.45, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.45 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yeo Teknoloji Enerji Ve Endustri AS  (IST:YEOTK) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Yeo Teknoloji Enerji Ve Endustri AS has the Financial Strength Rank of 5.


Yeo Teknoloji Enerji Ve Endustri AS Financial Strength Related Terms

Thank you for viewing the detailed overview of Yeo Teknoloji Enerji Ve Endustri AS's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Yeo Teknoloji Enerji Ve Endustri AS (IST:YEOTK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Kelebek Sk. Marmara Kule Sitesi, B Blok No:2/1 Ic Kapi No:1, Esentepe Mahallesi, Kartal, Istanbul, TUR, 34870
Yeo Teknoloji Enerji Ve Endustri AS is engaged in the electrification value-chain from power generation, transmission and distribution to the efficient application of electrical energy. It is also providing state-of-the art solutions in fields of electrification, automation, and digitalization. It executes projects as the EPC contractor in design, engineering, installation, and commissioning for traditional state-owned utilities and independent power plant developers.

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