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Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Interest Coverage : 3.92 (As of Mar. 2025)


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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Coverage?

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. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2025 was ₺5,099 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Mar. 2025 was ₺-1,301 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's interest coverage for the quarter that ended in Mar. 2025 was 3.92. The higher the ratio, the stronger the company's financial strength is.

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

IST:EKGYO' s Interest Coverage Range Over the Past 10 Years
Min: 1.48   Med: 2.87   Max: 16.41
Current: 3.56


IST:EKGYO's Interest Coverage is ranked better than
60.34% of 711 companies
in the REITs industry
Industry Median: 2.84 vs IST:EKGYO: 3.56

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


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Coverage Historical Data

The historical data trend for Emlak Konut 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.

* Premium members only.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Coverage Chart

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 2.84 2.05 3.53 2.76

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 8.53 6.77 1.48 3.92

Competitive Comparison of Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage

For the REIT - Residential subindustry, Emlak Konut 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage Distribution in the REITs Industry

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

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


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Emlak Konut 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-1,981 Mil. Its Operating Income was ₺5,464 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺19 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*5464.017/-1981.009
=2.76

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-1,301 Mil. Its Operating Income was ₺5,099 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺19 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*5099.188/-1300.849
=3.92

* 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS  (IST:EKGYO) 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 .


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Mor Sumbul Sokak No. 7/2 B, Atasehir, Istanbul, TUR
Emlak Konut Gayrimenkul Yatirim Ortakligi AS is a Turkish real estate investment trust. The company is engaged in the development and leasing of housing units in urban areas throughout Turkey. It focuses on executing real estate property projects mostly housing, besides, commercial units, educational units, social facilities, and all related aspects, controlling and building audit services of the ongoing projects, marketing and selling the finished housing. The vast majority of the company's total revenue is derived from revenue-sharing projects in which property income is shared between multiple contractors.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Headlines

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