Ford Otomotivnayi AS (Ford Otomotivnayi AS) Debt-to-Equity

: 1.04 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

Ford Otomotivnayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,168 Mil. Ford Otomotivnayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,437 Mil. Ford Otomotivnayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,511 Mil. Ford Otomotivnayi AS's debt to equity for the quarter that ended in Dec. 2023 was 1.04.

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 Ford Otomotivnayi AS's Debt-to-Equity or its related term are showing as below:

FOVSY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 1.09 Max: 1.88
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Ford Otomotivnayi AS was 1.88. The lowest was 0.84. And the median was 1.09.

FOVSY's Debt-to-Equity is ranked worse than
74.47% of 1175 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs FOVSY: 1.04

Ford Otomotivnayi AS Debt-to-Equity Historical Data

The historical data trend for Ford Otomotivnayi 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.

Ford Otomotivnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.33

1.15

1.88

1.22

1.04

Ford Otomotivnayi 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																1.22	2.07	2.23	1.56	1.04

Competitive Comparison

For the Auto Manufacturers subindustry, Ford Otomotivnayi 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.

Ford Otomotivnayi AS Debt-to-Equity Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Otomotivnayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ford Otomotivnayi AS's Debt-to-Equity falls into.

Ford Otomotivnayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ford Otomotivnayi 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
	=	(1168.02	+	1437.203)	/	2510.737
	=	1.04

Ford Otomotivnayi 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
	=	(1168.02	+	1437.203)	/	2510.737
	=	1.04

Ford Otomotivnayi AS (OTCPK:FOVSY) 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.

Ford Otomotivnayi AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ford Otomotivnayi AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ford Otomotiv Sanayi AS (OTCPK:FOVSY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FROTO:Turkey

Address

Akpmar Mahallesi, Hasan Basri Caddessi, Sancaktepe, Istanbul, TUR

Website

http://www.fordotosan.com.tr

Ford Otomotiv Sanayi AS is an automobile manufacturing company domiciled in Turkey. The company principally manufactures, imports, and distributes passenger vehicles, commercial vehicles, and spare parts and accessories under the Ford brand. The company organises itself into four segments, based on product type: passenger cars, light commercial vehicles, medium commercial vehicles, and trucks. Geographically, domestic sales are most significant, and constitute more than a third of consolidated revenue, followed by England and Germany.

Ford Otomotivnayi AS (Ford Otomotivnayi AS) Headlines

From GuruFocus

Q4 2023 Ford Otomotiv Sanayi AS Earnings Call Transcript

By GuruFocus Research • 03-07-2024