Akis Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 4/6
Akis Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY20.2B and total debt of TRY2.7B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are TRY23.9B and TRY3.7B respectively. Akis Gayrimenkul Yatirim Ortakligi's EBIT is TRY1.4B making its interest coverage ratio -1.9. It has cash and short-term investments of TRY792.4M.
Key information
13.3%
Debt to equity ratio
₺2.69b
Debt
Interest coverage ratio | -1.9x |
Cash | ₺792.35m |
Equity | ₺20.23b |
Total liabilities | ₺3.70b |
Total assets | ₺23.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKSGY's short term assets (TRY1.6B) do not cover its short term liabilities (TRY1.7B).
Long Term Liabilities: AKSGY's short term assets (TRY1.6B) do not cover its long term liabilities (TRY2.0B).
Debt to Equity History and Analysis
Debt Level: AKSGY's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: AKSGY's debt to equity ratio has reduced from 51.5% to 13.3% over the past 5 years.
Debt Coverage: AKSGY's debt is well covered by operating cash flow (52.2%).
Interest Coverage: AKSGY earns more interest than it pays, so coverage of interest payments is not a concern.