Marti Otel Isletmeleri Balance Sheet Health
Financial Health criteria checks 1/6
Marti Otel Isletmeleri has a total shareholder equity of TRY7.6B and total debt of TRY3.5B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are TRY11.7B and TRY4.0B respectively.
Key information
45.9%
Debt to equity ratio
₺3.51b
Debt
| Interest coverage ratio | n/a |
| Cash | ₺32.68m |
| Equity | ₺7.65b |
| Total liabilities | ₺4.03b |
| Total assets | ₺11.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARTI's short term assets (TRY276.7M) do not cover its short term liabilities (TRY684.2M).
Long Term Liabilities: MARTI's short term assets (TRY276.7M) do not cover its long term liabilities (TRY3.3B).
Debt to Equity History and Analysis
Debt Level: MARTI's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: MARTI's debt to equity ratio has reduced from 641.1% to 45.9% over the past 5 years.
Debt Coverage: MARTI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MARTI's interest payments on its debt are well covered by EBIT.