TKCTurkcell Iletisim Hizmetleri A.S.

$5.43

Is it safe?

Can TKC take a bad year?

Turkcell Iletisim Hizmetleri A.S. carries $25.2B of net debt at 0.65× EBITDA: a load its earnings can carry.

$25.2B

Net debt · as at FY2023 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.65×

Net debt / EBITDA · 1.11× a year ago · the load is coming down

Interest cover
0.39×

Interest cover · operating profit barely covers the interest bill

Annualised volatility
32%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2023
$84.1B
Cash and short-term investments
$58.8B
Net debt
$25.2B
EBITDA, trailing twelve months
$39.1B
Operating profit, trailing twelve months
$7.81B
Debt / equity
0.69×
Total debt / EBITDA
2.15×
Annualised volatilitytwo years of daily moves
32%
Worst drawdown on file
−73%
Below its 52-week high
−24%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.