Akfen Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 4/6
Akfen Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY22.4B and total debt of TRY3.6B, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are TRY28.4B and TRY6.0B respectively. Akfen Gayrimenkul Yatirim Ortakligi's EBIT is TRY713.8M making its interest coverage ratio -2.6. It has cash and short-term investments of TRY1.9B.
Key information
15.9%
Debt to equity ratio
₺3.57b
Debt
| Interest coverage ratio | -2.6x |
| Cash | ₺1.89b |
| Equity | ₺22.45b |
| Total liabilities | ₺5.96b |
| Total assets | ₺28.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKFGY's short term assets (TRY4.3B) exceed its short term liabilities (TRY1.1B).
Long Term Liabilities: AKFGY's short term assets (TRY4.3B) do not cover its long term liabilities (TRY4.8B).
Debt to Equity History and Analysis
Debt Level: AKFGY's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: AKFGY's debt to equity ratio has reduced from 166.5% to 15.9% over the past 5 years.
Debt Coverage: AKFGY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AKFGY earns more interest than it pays, so coverage of interest payments is not a concern.