Marti Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 3/6
Marti Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY9.2B and total debt of TRY912.1M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are TRY10.2B and TRY957.6M respectively. Marti Gayrimenkul Yatirim Ortakligi's EBIT is TRY68.8M making its interest coverage ratio -0.3. It has cash and short-term investments of TRY1.1M.
Key information
9.9%
Debt to equity ratio
₺912.06m
Debt
| Interest coverage ratio | -0.3x |
| Cash | ₺1.10m |
| Equity | ₺9.20b |
| Total liabilities | ₺957.62m |
| Total assets | ₺10.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRGYO's short term assets (TRY158.8M) do not cover its short term liabilities (TRY166.5M).
Long Term Liabilities: MRGYO's short term assets (TRY158.8M) do not cover its long term liabilities (TRY791.1M).
Debt to Equity History and Analysis
Debt Level: MRGYO's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: MRGYO's debt to equity ratio has reduced from 101.4% to 9.9% over the past 5 years.
Debt Coverage: MRGYO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MRGYO earns more interest than it pays, so coverage of interest payments is not a concern.