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MLPglik Hizmetleri AS (IST:MPARK) Financial Strength : 5 (As of Dec. 2023)


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What is MLPglik Hizmetleri AS Financial Strength?

MLPglik Hizmetleri AS has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

MLPglik Hizmetleri AS's Interest Coverage for the quarter that ended in Dec. 2023 was 1.77. MLPglik Hizmetleri AS's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.15. As of today, MLPglik Hizmetleri AS's Altman Z-Score is 4.45.


Competitive Comparison of MLPglik Hizmetleri AS's Financial Strength

For the Medical Care Facilities subindustry, MLPglik Hizmetleri AS's Financial Strength, along with its competitors' market caps and Financial Strength 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.


MLPglik Hizmetleri AS's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MLPglik Hizmetleri AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where MLPglik Hizmetleri AS's Financial Strength falls into.



MLPglik Hizmetleri AS Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

MLPglik Hizmetleri AS's Interest Expense for the months ended in Dec. 2023 was ₺-1,069 Mil. Its Operating Income for the months ended in Dec. 2023 was ₺1,891 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺2,993 Mil.

MLPglik Hizmetleri AS's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1891.282/-1068.587
=1.77

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

MLPglik Hizmetleri AS's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3062.431 + 2993.263) / 41655.892
=0.15

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

MLPglik Hizmetleri AS has a Z-score of 4.45, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.45 is strong.

* 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.


MLPglik Hizmetleri AS  (IST:MPARK) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

MLPglik Hizmetleri AS has the Financial Strength Rank of 5.


MLPglik Hizmetleri AS Financial Strength Related Terms

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MLPglik Hizmetleri AS (IST:MPARK) Business Description

Traded in Other Exchanges
N/A
Address
Otakcilar Caddesi Flatofis Istanbul No: 78, Kat: 3, D-Blok, No: 103, Eyup, Istanbul, TUR, 34050
MLP Saglik Hizmetleri AS, along with its subsidiaries, operates in the healthcare sector. The company's services include bone marrow, bone, and joint cancer surgery, eye diseases, and family medicine, among others. Its hospital's brands include Medical Park, VM Medical Park, and Liv Hospital.

MLPglik Hizmetleri AS (IST:MPARK) Headlines

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