AHES Gayrimenkul Yatirim Ortakligi AS (IST:AHSGY) Interest Coverage: 29.39 (As of Mar. 2026) — 185% Above Median


IST:AHSGY AHES Gayrimenkul Yatirim Ortakligi AS IST:AHSGY
24 GF Score
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! 4 Warning Signs
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What is AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage?

AHES Gayrimenkul Yatirim Ortakligi AS IST:AHSGY -2.74% 24 Interest Coverage is 29.39 as of Mar. 2026, which is 185% above its 10-year median of 10.30. GuruFocus rates IST:AHSGY with a GF Score™ of 24/100. The stock has 4 warning signs investors should review. Among 697 REITs companies, AHES Gayrimenkul Yatirim Ortakligi AS ranks better than 86.8% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. AHES Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2026 was ₺33.3 Mil. AHES Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-1.1 Mil. AHES Gayrimenkul Yatirim Ortakligi AS's interest coverage for the quarter that ended in Mar. 2026 was 29.39. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AHES Gayrimenkul Yatirim Ortakligi AS has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage or its related term are showing as below:

IST:AHSGY' s Interest Coverage Range Over the Past 10 Years
Min: 0.72   Med: 10.3   Max: 1486
Current: 262.95


IST:AHSGY's Interest Coverage is ranked better than
86.8% of 697 companies
in the REITs industry
Industry Median: 3.11 vs IST:AHSGY: 262.95

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


AHES Gayrimenkul Yatirim Ortakligi AS  (IST:AHSGY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage Related Terms


AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage can be seen below:

* 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage Chart

AHES Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
10.30 12.77 0.72 2.91 1,486.00

AHES Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.43 3,230.25 705.80 N/A 29.39

IST:AHSGY vs VICI, WPC: Interest Coverage Comparison

For the REIT - Diversified subindustry, AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage falls into.


IST:AHSGY
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AHES Gayrimenkul Yatirim Ortakligi AS IST:AHSGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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AHES Gayrimenkul Yatirim Ortakligi AS Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, AHES Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-0.3 Mil. Its Operating Income was ₺390.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*390.819/-0.26300000000003
=1,486.00

AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, AHES Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-1.1 Mil. Its Operating Income was ₺33.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*33.325/-1.134
=29.39

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 29.39 mean?
AHES Gayrimenkul Yatirim Ortakligi AS (IST:AHSGY) has a Interest Coverage of 29.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AHES Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 185% above median its historical median of 10.30. Over the past decade, AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage has ranged from 0.72 to 1,486.00. According to the industry distribution chart, AHES Gayrimenkul Yatirim Ortakligi AS ranks #92 out of 697 companies in the REITs industry, placing it in the top 13.2%.
Is AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage too high?
AHES Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 29.39 is 185% above median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1,486.00. The REITs industry median Interest Coverage is 3.11. AHES Gayrimenkul Yatirim Ortakligi AS's value of 29.39 is 845% above this industry median. Based on the distribution chart, AHES Gayrimenkul Yatirim Ortakligi AS ranks #92 out of 697 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, AHES Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does AHES Gayrimenkul Yatirim Ortakligi AS's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, AHES Gayrimenkul Yatirim Ortakligi AS ranks #92 out of 697 companies for Interest Coverage. This places AHES Gayrimenkul Yatirim Ortakligi AS in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.11. AHES Gayrimenkul Yatirim Ortakligi AS's value of 29.39 is 845% above this benchmark. Historically, AHES Gayrimenkul Yatirim Ortakligi AS's own Interest Coverage has ranged from 0.72 to 1,486.00 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 3.11, AHES Gayrimenkul Yatirim Ortakligi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.11, based on 697 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AHES Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 29.39 is 845% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AHES Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AHES Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage is 29.39, which is 185% above median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AHES Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
AHES Gayrimenkul Yatirim Ortakligi AS (IST:AHSGY) has a current Interest Coverage of 29.39. The current Interest Coverage is 29.39, which is 185% above median its 10-year median of 10.30 and 845% above the REITs industry median of 3.11. AHES Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 24/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For AHES Gayrimenkul Yatirim Ortakligi AS (IST:AHSGY), the current Interest Coverage is 29.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AHES Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Kısıklı Mah. Alemdag Cad. AHES, Business Center D Block No. 53, 2nd floor, Uskudar, Istanbul, TUR
AHES Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. It is operating in the real estate, construction, contracting and engineering sectors. The company offers an opportunity that opens the door to profitable investments in the future.
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