Marti Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 3/6
Marti Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY6.4B and total debt of TRY804.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are TRY7.2B and TRY845.8M respectively. Marti Gayrimenkul Yatirim Ortakligi's EBIT is TRY49.1M making its interest coverage ratio -0.4. It has cash and short-term investments of TRY1.2M.
Key information
12.6%
Debt to equity ratio
₺804.59m
Debt
Interest coverage ratio | -0.4x |
Cash | ₺1.18m |
Equity | ₺6.39b |
Total liabilities | ₺845.77m |
Total assets | ₺7.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRGYO's short term assets (TRY99.8M) do not cover its short term liabilities (TRY165.4M).
Long Term Liabilities: MRGYO's short term assets (TRY99.8M) do not cover its long term liabilities (TRY680.3M).
Debt to Equity History and Analysis
Debt Level: MRGYO's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: MRGYO's debt to equity ratio has reduced from 79.8% to 12.6% over the past 5 years.
Debt Coverage: MRGYO's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: MRGYO earns more interest than it pays, so coverage of interest payments is not a concern.