Magyar Telekom (Magyar Telekom) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Magyar Telekom Debt-to-Equity?

Magyar Telekom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $330 Mil. Magyar Telekom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $620 Mil. Magyar Telekom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,982 Mil. Magyar Telekom's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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 Magyar Telekom's Debt-to-Equity or its related term are showing as below:

MYTAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.51 Max: 0.86
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of Magyar Telekom was 0.86. The lowest was 0.01. And the median was 0.51.

MYTAY's Debt-to-Equity is ranked better than
60.63% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs MYTAY: 0.48

Magyar Telekom Debt-to-Equity Historical Data

The historical data trend for Magyar Telekom'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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Magyar Telekom Debt-to-Equity Chart

Magyar Telekom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.32

0.51

0.54

0.48

Magyar Telekom 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															0.54	0.30	0.31	0.30	0.48

Competitive Comparison of Magyar Telekom's Debt-to-Equity

For the Telecom Services subindustry, Magyar Telekom'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.

Magyar Telekom's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Magyar Telekom's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Magyar Telekom's Debt-to-Equity falls into.

Magyar Telekom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Magyar Telekom'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
	=	(330.437	+	620.177)	/	1982.456
	=	0.48

Magyar Telekom'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
	=	(330.437	+	620.177)	/	1982.456
	=	0.48

Magyar Telekom (OTCPK:MYTAY) 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.

Magyar Telekom Debt-to-Equity Related Terms

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Magyar Telekom (Magyar Telekom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Magyar Telekom PLC (OTCPK:MYTAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MTELEKOM:Hungary MGYB:Germany

Address

Konyves Kalman Korut. 36, Budapest, HUN, 1097

Website

https://www.telekom.hu

Magyar Telekom PLC is a telecommunications company that operates in two segments: MT-Hungary and North Macedonia. MT Hungary supplies mobile, information communication, television distribution, and system integration services to both business and residential consumers in Hungary. The North Macedonia segment expands the company's mobile and fixed-line telecommunication services across North Macedonia. Magyar controls the largest share of the Hungarian telecom market and has a footprint in Macedonia, Bulgaria, and Romania. The company receives most of its revenue from Hungary.