Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Debt-to-Equity : 2.04 (As of Sep. 2023)

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What is Turkcell Iletisim Hizmetleri AS Debt-to-Equity?

Turkcell Iletisim Hizmetleri AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,044 Mil. Turkcell Iletisim Hizmetleri AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2,047 Mil. Turkcell Iletisim Hizmetleri AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,518 Mil. Turkcell Iletisim Hizmetleri AS's debt to equity for the quarter that ended in Sep. 2023 was 2.04.

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 Turkcell Iletisim Hizmetleri AS's Debt-to-Equity or its related term are showing as below:

TKC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 1.01 Max: 2.06
Current: 2.04

During the past 13 years, the highest Debt-to-Equity Ratio of Turkcell Iletisim Hizmetleri AS was 2.06. The lowest was 0.21. And the median was 1.01.

TKC's Debt-to-Equity is ranked worse than
82.81% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs TKC: 2.04

Turkcell Iletisim Hizmetleri AS Debt-to-Equity Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri 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.

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Turkcell Iletisim Hizmetleri AS Debt-to-Equity Chart

Turkcell Iletisim Hizmetleri AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.27

1.13

1.04

0.92

0.81

Turkcell Iletisim Hizmetleri AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															2.03	0.81	1.73	2.06	2.04

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Debt-to-Equity

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Debt-to-Equity falls into.

Turkcell Iletisim Hizmetleri AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turkcell Iletisim Hizmetleri AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(896.229	+	1990.268)	/	3557.694
	=	0.81

Turkcell Iletisim Hizmetleri AS's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1043.661	+	2047.266)	/	1517.585
	=	2.04

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) 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.

Turkcell Iletisim Hizmetleri AS Debt-to-Equity Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TCELL:Turkey TUL1:Germany TUL1:Germany

Address

Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854

Website

https://www.turkcell.com.tr

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.