Vakif Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 5/6
Vakif Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY6.1B and total debt of TRY137.7M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are TRY9.4B and TRY3.3B respectively. Vakif Gayrimenkul Yatirim Ortakligi's EBIT is TRY40.2M making its interest coverage ratio -0.1. It has cash and short-term investments of TRY1.3B.
Key information
2.3%
Debt to equity ratio
₺137.66m
Debt
Interest coverage ratio | -0.1x |
Cash | ₺1.32b |
Equity | ₺6.07b |
Total liabilities | ₺3.29b |
Total assets | ₺9.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VKGYO's short term assets (TRY5.1B) exceed its short term liabilities (TRY3.0B).
Long Term Liabilities: VKGYO's short term assets (TRY5.1B) exceed its long term liabilities (TRY242.1M).
Debt to Equity History and Analysis
Debt Level: VKGYO has more cash than its total debt.
Reducing Debt: VKGYO's debt to equity ratio has reduced from 38.1% to 2.3% over the past 5 years.
Debt Coverage: VKGYO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VKGYO earns more interest than it pays, so coverage of interest payments is not a concern.