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Yapi Kredi Sigorta AS (IST:YKSGR) Financial Strength : 0 (As of Sep. 2014)


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What is Yapi Kredi Sigorta AS Financial Strength?

Yapi Kredi Sigorta AS has the Financial Strength Rank of 0.

Warning Sign:

Yapi Kredi Sigorta AS displays poor financial strength. Usually this is caused by too much debt for the company.

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.

GuruFocus does not calculate Yapi Kredi Sigorta AS's interest coverage with the available data. Yapi Kredi Sigorta AS's debt to revenue ratio for the quarter that ended in Sep. 2014 was 0.07. Altman Z-Score does not apply to banks and insurance companies.


Yapi Kredi Sigorta 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:

Yapi Kredi Sigorta AS's Interest Expense for the months ended in Sep. 2014 was ₺0 Mil. Its Operating Income for the months ended in Sep. 2014 was ₺29 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was ₺68 Mil.

Yapi Kredi Sigorta AS's Interest Coverage for the quarter that ended in Sep. 2014 is

GuruFocus does not calculate Yapi Kredi Sigorta AS's interest coverage with the available data.

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

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

Yapi Kredi Sigorta AS's Debt to Revenue Ratio for the quarter that ended in Sep. 2014 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2014 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 68.16) / 1037.788
=0.07

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Yapi Kredi Sigorta AS  (IST:YKSGR) 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.

Yapi Kredi Sigorta AS has the Financial Strength Rank of 0.


Yapi Kredi Sigorta AS Financial Strength Related Terms

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Yapi Kredi Sigorta AS (IST:YKSGR) Business Description

Traded in Other Exchanges
N/A
Address
Yapi Kredi Sigorta A.S. is engaged in offering insurance and reinsurance products. It mainly offers fire, marine, accident, personal accident, agriculture, health, life, pension insurance policies etc.