Haci Omerbanci Holding AS (IST:SAHOL) Debt-to-Equity : 0.99 (As of Dec. 2023)

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What is Haci Omerbanci Holding AS Debt-to-Equity?

Haci Omerbanci Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Haci Omerbanci Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺217,387 Mil. Haci Omerbanci Holding AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺220,692 Mil. Haci Omerbanci Holding AS's debt to equity for the quarter that ended in Dec. 2023 was 0.99.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Haci Omerbanci Holding AS's Debt-to-Equity or its related term are showing as below:

IST:SAHOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 2.01 Max: 2.5
Current: 0.99

During the past 13 years, the highest Debt-to-Equity Ratio of Haci Omerbanci Holding AS was 2.50. The lowest was 0.99. And the median was 2.01.

IST:SAHOL's Debt-to-Equity is ranked worse than
63.53% of 1393 companies
in the Banks industry
Industry Median: 0.69 vs IST:SAHOL: 0.99

Haci Omerbanci Holding AS Debt-to-Equity Historical Data

The historical data trend for Haci Omerbanci Holding AS's Debt-to-Equity 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.

* Premium members only.

Haci Omerbanci Holding AS Debt-to-Equity Chart

Haci Omerbanci Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.84

2.04

2.50

1.60

0.99

Haci Omerbanci Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.60	1.40	1.44	1.36	0.99

Competitive Comparison of Haci Omerbanci Holding AS's Debt-to-Equity

For the Banks - Regional subindustry, Haci Omerbanci Holding AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Haci Omerbanci Holding AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Haci Omerbanci Holding AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Haci Omerbanci Holding AS's Debt-to-Equity falls into.

Haci Omerbanci Holding AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Haci Omerbanci Holding AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	217387.465)	/	220692.266
	=	0.99

Haci Omerbanci Holding AS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	217387.465)	/	220692.266
	=	0.99

Haci Omerbanci Holding AS (IST:SAHOL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Haci Omerbanci Holding AS Debt-to-Equity Related Terms

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Haci Omerbanci Holding AS (IST:SAHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Haci Omer Sabanci Holding AS (IST:SAHOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sabanci Center, 4. Levent, Istanbul, TUR, 34330

Website

https://www.sabanci.com

Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

Haci Omerbanci Holding AS (IST:SAHOL) Headlines

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