ACKAY (Arcelik AS) Debt-to-Equity: 3.40 (As of Mar. 2026) — 115% Above Median

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ACKAY Arcelik AS ACKAY
75 GF Score
Price $10.68
GF Value $8.42
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Arcelik AS Debt-to-Equity?

Arcelik AS ACKAY 75 Debt-to-Equity is 3.40 as of Mar. 2026, which is 115% above its 10-year median of 1.58. GuruFocus rates ACKAY with a GF Score™ of 75/100 and a GF Value™ of $8.42 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 379 Furnishings, Fixtures & Appliances companies, Arcelik AS ranks worse than 97.1% on this metric.

Arcelik AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,620 Mil. Arcelik AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,027 Mil. Arcelik AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,661 Mil. Arcelik AS's debt to equity for the quarter that ended in Mar. 2026 was 3.40.

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

ACKAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95   Med: 1.58   Max: 3.4
Current: 3.4

During the past 13 years, the highest Debt-to-Equity Ratio of Arcelik AS was 3.40. The lowest was 0.95. And the median was 1.58.

ACKAY's Debt-to-Equity is ranked worse than
97.1% of 379 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.31 vs ACKAY: 3.40

Arcelik AS  (OTCPK:ACKAY) 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.


Arcelik AS Debt-to-Equity Related Terms


Arcelik AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Arcelik 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.

Arcelik AS Debt-to-Equity Chart

Arcelik AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.61 1.81 2.06 3.35

Arcelik AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.23 2.97 3.25 3.35 3.40

ACKAY vs SN, SGI, MHK: Debt-to-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, Arcelik 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.


Arcelik AS Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Debt-to-Equity distribution charts can be found below:

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


ACKAY
75GF Score
Arcelik AS ACKAY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Arcelik AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arcelik AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Arcelik AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 3.40 mean?
Arcelik AS (ACKAY) has a Debt-to-Equity of 3.40 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arcelik AS and its competitors. This is 115% above median its historical median of 1.58. Over the past decade, Arcelik AS's Debt-to-Equity has ranged from 0.95 to 3.40. According to the industry distribution chart, Arcelik AS ranks #368 out of 379 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 97.1%.
Is Arcelik AS's Debt-to-Equity too high?
Arcelik AS's current Debt-to-Equity of 3.40 is 115% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 3.40. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.31. Arcelik AS's value of 3.40 is 996.8% above this industry median. Based on the distribution chart, Arcelik AS ranks #368 out of 379 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Arcelik AS has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arcelik AS's Debt-to-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Arcelik AS ranks #368 out of 379 companies for Debt-to-Equity. This places Arcelik AS in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Arcelik AS's value of 3.40 is 996.8% above this benchmark. Historically, Arcelik AS's own Debt-to-Equity has ranged from 0.95 to 3.40 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.31, Arcelik AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.31, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arcelik AS's current Debt-to-Equity of 3.40 is 996.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arcelik AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arcelik AS's current Debt-to-Equity is 3.40, which is 115% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arcelik AS stock overvalued right now?
Based on GuruFocus' analysis, Arcelik AS (ACKAY) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.42, compared to a current price of $10.68 — trading 26.8% above its estimated fair value. The current Debt-to-Equity is 3.40, which is 115% above median its 10-year median of 1.58 and 996.8% above the Furnishings, Fixtures & Appliances industry median of 0.31. Arcelik AS's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Arcelik AS (ACKAY), the current Debt-to-Equity is 3.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arcelik AS (ACKAY) Overvalued in 2026?

Based on GuruFocus' analysis, Arcelik AS stock appears to be overvalued. The current stock price of $10.68 is trading 26.8% above its estimated GF Value™ of $8.42. GuruFocus considers Arcelik AS to be Modestly Overvalued.

Key valuation signals for ACKAY:

  • Debt-to-Equity: 3.40 (115% above median its 10-year median of 1.58)
  • GF Value™: $8.42 vs. price of $10.68 (26.8% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 996.8% above the Furnishings, Fixtures & Appliances median (#368 of 379)

No single metric tells the full story. See the ACKAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arcelik AS Business Description

Other Exchanges ARCLK:TurkeyRCAA:Germany
Address Karaagac Caddesi No 2-6, Sutluce, Beyoglu, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. It supplies products and services under the brands of Altus, Arctic, Arcelik, Beko, Blomberg, Dawlance, Defy, Elektrabregenz, Flavel, Grundig, Leisure, and VoltasBeko among others. The company's reportable segments are White goods and Consumer Electronics. The majority of its revenue is derived from the White goods segment which comprises washing machines, dryers, dishwashers, refrigerators, ovens, cookers, and the services provided for these products. Geographically, key revenue for the company is generated from Europe.
75GF Score

Get the complete analysis for ACKAY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.68
Price
$8.42
GF Value