Trend Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 5/6
Trend Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY240.4M and total debt of TRY1.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are TRY246.4M and TRY5.9M respectively. Trend Gayrimenkul Yatirim Ortakligi's EBIT is TRY7.6M making its interest coverage ratio -0.8. It has cash and short-term investments of TRY43.7M.
Key information
0.6%
Debt to equity ratio
₺1.44m
Debt
Interest coverage ratio | -0.8x |
Cash | ₺43.65m |
Equity | ₺240.42m |
Total liabilities | ₺5.94m |
Total assets | ₺246.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TDGYO's short term assets (TRY239.0M) exceed its short term liabilities (TRY5.8M).
Long Term Liabilities: TDGYO's short term assets (TRY239.0M) exceed its long term liabilities (TRY179.2K).
Debt to Equity History and Analysis
Debt Level: TDGYO has more cash than its total debt.
Reducing Debt: TDGYO's debt to equity ratio has reduced from 71.1% to 0.6% over the past 5 years.
Debt Coverage: TDGYO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TDGYO earns more interest than it pays, so coverage of interest payments is not a concern.