Sinpas Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 4/6
Sinpas Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY11.5B and total debt of TRY3.3B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are TRY21.9B and TRY10.4B respectively. Sinpas Gayrimenkul Yatirim Ortakligi's EBIT is TRY318.2M making its interest coverage ratio 2.2. It has cash and short-term investments of TRY490.0M.
Key information
28.9%
Debt to equity ratio
₺3.32b
Debt
Interest coverage ratio | 2.2x |
Cash | ₺489.96m |
Equity | ₺11.49b |
Total liabilities | ₺10.36b |
Total assets | ₺21.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNGYO's short term assets (TRY5.0B) exceed its short term liabilities (TRY1.8B).
Long Term Liabilities: SNGYO's short term assets (TRY5.0B) do not cover its long term liabilities (TRY8.5B).
Debt to Equity History and Analysis
Debt Level: SNGYO's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: SNGYO's debt to equity ratio has reduced from 19252.7% to 28.9% over the past 5 years.
Debt Coverage: SNGYO's debt is well covered by operating cash flow (106.2%).
Interest Coverage: SNGYO's interest payments on its debt are not well covered by EBIT (2.2x coverage).