Torunlar Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 6/6
Torunlar Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY72.2B and total debt of TRY3.6B, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are TRY80.6B and TRY8.4B respectively. Torunlar Gayrimenkul Yatirim Ortakligi's EBIT is TRY11.2B making its interest coverage ratio 10.4. It has cash and short-term investments of TRY2.1B.
Key information
5.0%
Debt to equity ratio
₺3.64b
Debt
Interest coverage ratio | 10.4x |
Cash | ₺2.13b |
Equity | ₺72.24b |
Total liabilities | ₺8.35b |
Total assets | ₺80.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRGYO's short term assets (TRY8.7B) exceed its short term liabilities (TRY2.4B).
Long Term Liabilities: TRGYO's short term assets (TRY8.7B) exceed its long term liabilities (TRY6.0B).
Debt to Equity History and Analysis
Debt Level: TRGYO's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: TRGYO's debt to equity ratio has reduced from 53.8% to 5% over the past 5 years.
Debt Coverage: TRGYO's debt is well covered by operating cash flow (84.5%).
Interest Coverage: TRGYO's interest payments on its debt are well covered by EBIT (10.4x coverage).