Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Debt-to-Equity: 0.66 (As of Dec. 2023)

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IST:BAGFS Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS
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What is Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity?

Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS +3.20% 5 Debt-to-Equity is 0.66 as of Dec. 2023. GuruFocus rates IST:BAGFS with a GF Score™ of 5/100.

Bagfas Bandirma Gubre Fabrikalari AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,803 Mil. Bagfas Bandirma Gubre Fabrikalari AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,315 Mil. Bagfas Bandirma Gubre Fabrikalari AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺4,700 Mil. Bagfas Bandirma Gubre Fabrikalari AS's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

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 Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity or its related term are showing as below:

IST:BAGFS's Debt-to-Equity is not ranked *
in the Agriculture industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Bagfas Bandirma Gubre Fabrikalari AS  (IST:BAGFS) 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.

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity Related Terms

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity Chart

Bagfas Bandirma Gubre Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 2.30 2.14 0.47 0.66

Bagfas Bandirma Gubre Fabrikalari AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 1.64 2.30 2.14 0.47 0.66

IST:BAGFS vs CTVA, CF, MOS: Debt-to-Equity Comparison

For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity falls into.


IST:BAGFS
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Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS
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Bagfas Bandirma Gubre Fabrikalari AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bagfas Bandirma Gubre Fabrikalari 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
=(1803.49 + 1314.684) / 4700.146
=0.66

Bagfas Bandirma Gubre Fabrikalari 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
=(1803.49 + 1314.684) / 4700.146
=0.66

* 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 0.66 mean?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a Debt-to-Equity of 0.66 as of Dec. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bagfas Bandirma Gubre Fabrikalari AS and its competitors.
Is Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity too high?
Bagfas Bandirma Gubre Fabrikalari AS's current Debt-to-Equity is 0.66. The Agriculture industry median Debt-to-Equity is 0.35. Bagfas Bandirma Gubre Fabrikalari AS's value of 0.66 is 88.6% above this industry median. Overall, Bagfas Bandirma Gubre Fabrikalari AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity compare to CTVA and CF?
Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-Equity of 0.66 can be compared against companies in the Agriculture industry. The industry median Debt-to-Equity is 0.35. Bagfas Bandirma Gubre Fabrikalari AS's value of 0.66 is 88.6% above this benchmark. 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 an Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.35, based on 228 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. Bagfas Bandirma Gubre Fabrikalari AS's current Debt-to-Equity of 0.66 is 88.6% 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 Bagfas Bandirma Gubre Fabrikalari AS and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bagfas Bandirma Gubre Fabrikalari AS's current Debt-to-Equity is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bagfas Bandirma Gubre Fabrikalari AS stock overvalued right now?
Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a current Debt-to-Equity of 0.66. The current Debt-to-Equity is 0.66 and 88.6% above the Agriculture industry median of 0.35. Bagfas Bandirma Gubre Fabrikalari AS's overall GF Score™ is 5/100. 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 Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS), the current Debt-to-Equity is 0.66 as of Dec. 2023. 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.

Bagfas Bandirma Gubre Fabrikalari AS Business Description

Address Susam Street No. 2, Kylycali Paya Neighborhood, Istanbul, TUR
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.
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