Ozak Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 6/6
Ozak Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY34.1B and total debt of TRY2.3B, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are TRY38.2B and TRY4.1B respectively. Ozak Gayrimenkul Yatirim Ortakligi's EBIT is TRY3.1B making its interest coverage ratio -1.9. It has cash and short-term investments of TRY646.7M.
Key information
6.7%
Debt to equity ratio
₺2.29b
Debt
Interest coverage ratio | -1.9x |
Cash | ₺646.68m |
Equity | ₺34.06b |
Total liabilities | ₺4.12b |
Total assets | ₺38.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OZKGY's short term assets (TRY9.0B) exceed its short term liabilities (TRY2.8B).
Long Term Liabilities: OZKGY's short term assets (TRY9.0B) exceed its long term liabilities (TRY1.3B).
Debt to Equity History and Analysis
Debt Level: OZKGY's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: OZKGY's debt to equity ratio has reduced from 49.3% to 6.7% over the past 5 years.
Debt Coverage: OZKGY's debt is well covered by operating cash flow (50.2%).
Interest Coverage: OZKGY earns more interest than it pays, so coverage of interest payments is not a concern.