Akfen Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 3/6
Akfen Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY15.8B and total debt of TRY4.8B, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are TRY23.4B and TRY7.6B respectively. Akfen Gayrimenkul Yatirim Ortakligi's EBIT is TRY1.5B making its interest coverage ratio 0.5. It has cash and short-term investments of TRY2.2B.
Key information
30.2%
Debt to equity ratio
₺4.77b
Debt
Interest coverage ratio | 0.5x |
Cash | ₺2.18b |
Equity | ₺15.78b |
Total liabilities | ₺7.60b |
Total assets | ₺23.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKFGY's short term assets (TRY5.3B) exceed its short term liabilities (TRY2.1B).
Long Term Liabilities: AKFGY's short term assets (TRY5.3B) do not cover its long term liabilities (TRY5.5B).
Debt to Equity History and Analysis
Debt Level: AKFGY's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: AKFGY's debt to equity ratio has reduced from 186.7% to 30.2% over the past 5 years.
Debt Coverage: AKFGY's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: AKFGY's interest payments on its debt are not well covered by EBIT (0.5x coverage).