Avrupakent Gayrimenkul Yatirim Ortakligi has a current ratio of 13.75. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Avrupakent Gayrimenkul Yatirim Ortakligi Current Ratio Chart
Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Current Ratio
1.06
0.93
3.14
10.98
Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
Competitive Comparison of Avrupakent Gayrimenkul Yatirim Ortakligi's Current Ratio
For the Real Estate - Diversified subindustry, Avrupakent Gayrimenkul Yatirim Ortakligi's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Avrupakent Gayrimenkul Yatirim Ortakligi's Current Ratio Distribution in the Real Estate Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Avrupakent Gayrimenkul Yatirim Ortakligi Current Ratio Related Terms
Thank you for viewing the detailed overview of Avrupakent Gayrimenkul Yatirim Ortakligi's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Business Description
Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.
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