Ziraat Gayrimenkul Yatirim Ortakligi Balance Sheet Health
Financial Health criteria checks 3/6
Ziraat Gayrimenkul Yatirim Ortakligi has a total shareholder equity of TRY20.4B and total debt of TRY2.3B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are TRY23.5B and TRY3.0B respectively. Ziraat Gayrimenkul Yatirim Ortakligi's EBIT is TRY429.4M making its interest coverage ratio -10.8. It has cash and short-term investments of TRY122.3M.
Key information
11.3%
Debt to equity ratio
₺2.31b
Debt
| Interest coverage ratio | -10.8x |
| Cash | ₺122.29m |
| Equity | ₺20.44b |
| Total liabilities | ₺3.03b |
| Total assets | ₺23.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZRGYO's short term assets (TRY599.0M) do not cover its short term liabilities (TRY1.8B).
Long Term Liabilities: ZRGYO's short term assets (TRY599.0M) do not cover its long term liabilities (TRY1.2B).
Debt to Equity History and Analysis
Debt Level: ZRGYO's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: ZRGYO's debt to equity ratio has reduced from 12.1% to 11.3% over the past 5 years.
Debt Coverage: ZRGYO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZRGYO earns more interest than it pays, so coverage of interest payments is not a concern.