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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. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's
Operating Income
for the
three
months ended in Mar. 2026 was ₺561 Mil. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Interest Expense for the
three
months ended in Mar. 2026 was ₺-553 Mil.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's interest coverage for the quarter that ended in Mar. 2026 was 1.02.
The higher the ratio, the stronger the company's financial strength is.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) 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 .
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Interest Coverage Related Terms
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Interest Coverage Historical Data
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Interest Coverage Chart
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data
IST:ZRGYO vs VICI, WPC: Interest Coverage Comparison
For the REIT - Diversified subindustry, ZIRAAT 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Interest Coverage vs REITs Industry
ZIRAAT 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:
* 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.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) has a Interest Coverage of 1.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. This is 90% below median its historical median of 10.24. Over the past decade, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Interest Coverage has ranged from 0.84 to 456.90. According to the industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #597 out of 692 companies in the REITs industry, placing it in the top 86.3%.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Interest Coverage too high?
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Interest Coverage of 1.02 is 90% below median its 10-year median of 10.24. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 456.90. The REITs industry median Interest Coverage is 3.12. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 1.02 is 67.3% below this industry median. Based on the distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #597 out of 692 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS ranks #597 out of 692 companies for Interest Coverage. This places ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS in the lower half of its industry. The industry median Interest Coverage is 3.12. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's value of 1.02 is 67.3% below this benchmark. Historically, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's own Interest Coverage has ranged from 0.84 to 456.90 over the past decade. While the company's 10-year median is 10.24 vs. the industry median of 3.12, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS has consistently been below 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 3.12, based on 692 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. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Interest Coverage of 1.02 is 67.3% below 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's current Interest Coverage is 1.02, which is 90% below median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock overvalued right now?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.94, compared to a current price of ₺18.21 — trading 30.6% above its estimated fair value. The current Interest Coverage is 1.02, which is 90% below median its 10-year median of 10.24 and 67.3% below the REITs industry median of 3.12. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's overall GF Score™ is 80/100 with 5 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 ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO), the current Interest Coverage is 1.02 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.
Is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Overvalued in 2026?
Based on GuruFocus' analysis, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS stock appears to be overvalued.
The current stock price of ₺18.21 is trading 30.6% above its estimated GF Value™ of ₺13.94.
GuruFocus considers ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS to be Significantly Overvalued.
Key valuation signals for IST:ZRGYO:
Interest Coverage: 1.02 (90% below median its 10-year median of 10.24)
GF Value™: ₺13.94 vs. price of ₺18.21 (30.6% above fair value)
Industry Position: 67.3% below the REITs median (#597 of 692)
No single metric tells the full story. See the IST:ZRGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Business Description
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.
80GF Score
Get the complete analysis for IST:ZRGYO
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