Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Debt-to-Equity : 1.70 (As of Dec. 2023)

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

What is Ulker Biskuvinayi AS Debt-to-Equity?

Ulker Biskuvinayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $188 Mil. Ulker Biskuvinayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $863 Mil. Ulker Biskuvinayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $618 Mil. Ulker Biskuvinayi AS's debt to equity for the quarter that ended in Dec. 2023 was 1.70.

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

UELKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.44 Med: 2.45 Max: 7.08
Current: 1.7

During the past 13 years, the highest Debt-to-Equity Ratio of Ulker Biskuvinayi AS was 7.08. The lowest was 1.44. And the median was 2.45.

UELKY's Debt-to-Equity is ranked worse than
90.65% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs UELKY: 1.70

Ulker Biskuvinayi AS Debt-to-Equity Historical Data

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS Debt-to-Equity Chart

Ulker Biskuvinayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.44

1.74

6.09

3.25

1.70

Ulker Biskuvinayi 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															3.25	3.87	4.84	3.21	1.70

Competitive Comparison of Ulker Biskuvinayi AS's Debt-to-Equity

For the Confectioners subindustry, Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Debt-to-Equity distribution charts can be found below:

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

Ulker Biskuvinayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ulker Biskuvinayi 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
	=	(187.792	+	863.281)	/	618.039
	=	1.70

Ulker Biskuvinayi 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
	=	(187.792	+	863.281)	/	618.039
	=	1.70

Ulker Biskuvinayi AS (OTCPK:UELKY) 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.

Ulker Biskuvinayi AS Debt-to-Equity Related Terms

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

Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ulker Biskuvi Sanayi AS (OTCPK:UELKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ULKER:Turkey

Address

Davutpa?a Cad No 10, Topkap?, Istanbul, TUR, 366

Website

http://www.ulkerbiskuvi.com.tr

Ulker Biskuvi Sanayi AS manufactures biscuits, crackers, chocolate, and cake in its half a dozen production facilities in Turkey. Its major brands include Ulker, Alpella, Halk, Kat Tat, and Karsa. The company also has a financial stake in the Godiva brand. Biscuit sales and chocolate sales each account for more than 40% of the company's total revenue. Substantially all of the remaining revenue is from cake sales. Nearly 90% of the company's total revenue comes from sales in Turkey. The company is a subsidiary of Yildiz Holding.

Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Headlines

From GuruFocus

Ulker Biskuvi Sanayi AS Stock Shows Every Sign Of Being Modestly Undervalued

By GF Value GF Value • 04-08-2021