Mepet Metro Petrol ve Tesislerinayi Ticaret AS (IST:MEPET) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Mepet Metro Petrol ve Tesislerinayi Ticaret AS Debt-to-Equity?

Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺135 Mil. Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺1,415 Mil. Mepet Metro Petrol ve Tesislerinayi Ticaret AS's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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 Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:MEPET' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.3
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Mepet Metro Petrol ve Tesislerinayi Ticaret AS was 0.30. The lowest was 0.01. And the median was 0.15.

IST:MEPET's Debt-to-Equity is ranked better than
83.45% of 828 companies
in the Oil & Gas industry
Industry Median: 0.45 vs IST:MEPET: 0.10

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Mepet Metro Petrol ve Tesislerinayi Ticaret 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.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Debt-to-Equity Chart

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.26

0.30

0.19

0.12

0.10

Mepet Metro Petrol ve Tesislerinayi Ticaret 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															0.12	0.15	0.15	0.14	0.10

Competitive Comparison of Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Mepet Metro Petrol ve Tesislerinayi Ticaret 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.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity falls into.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mepet Metro Petrol ve Tesislerinayi Ticaret 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
	=	(134.884	+	0)	/	1415.35
	=	0.10

Mepet Metro Petrol ve Tesislerinayi Ticaret 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
	=	(134.884	+	0)	/	1415.35
	=	0.10

Mepet Metro Petrol ve Tesislerinayi Ticaret AS (IST:MEPET) 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.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS (IST:MEPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (IST:MEPET) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Re?adiye Caddesi, Cumhuriyet Köyü No: 18 Kat: 1, Beykoz, Istanbul, TUR, 34800

Website

http://www.metropetrol.com.tr

Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS is engaged in the operation of petrol and gas stations and road side restaurants in Turkey. Through its petrol stations, the company sells and stores petrol, fuel oil and liquefied gas.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS (IST:MEPET) Headlines

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