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Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Debt-to-Equity : 1.06 (As of Mar. 2023)


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What is Bak Ambalajnayi Ve Ticaret AS Debt-to-Equity?

Bak Ambalajnayi Ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₺250 Mil. Bak Ambalajnayi Ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₺446 Mil. Bak Ambalajnayi Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Mar. 2023 was ₺655 Mil. Bak Ambalajnayi Ve Ticaret AS's debt to equity for the quarter that ended in Mar. 2023 was 1.06.

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 Bak Ambalajnayi Ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:BAKAB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29   Med: 0.68   Max: 0.87
Current: 0.46

During the past 13 years, the highest Debt-to-Equity Ratio of Bak Ambalajnayi Ve Ticaret AS was 0.87. The lowest was 0.29. And the median was 0.68.

IST:BAKAB's Debt-to-Equity is ranked worse than
52.3% of 348 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs IST:BAKAB: 0.46

Bak Ambalajnayi Ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Bak Ambalajnayi Ve Ticaret 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.

Bak Ambalajnayi Ve Ticaret AS Debt-to-Equity Chart

Bak Ambalajnayi Ve Ticaret 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 0.61 0.67 0.87 0.69 0.46

Bak Ambalajnayi Ve Ticaret AS Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only 1.14 1.10 0.69 1.06 0.46

Competitive Comparison of Bak Ambalajnayi Ve Ticaret AS's Debt-to-Equity

For the Packaging & Containers subindustry, Bak Ambalajnayi Ve Ticaret 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.


Bak Ambalajnayi Ve Ticaret AS's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bak Ambalajnayi Ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bak Ambalajnayi Ve Ticaret AS's Debt-to-Equity falls into.



Bak Ambalajnayi Ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bak Ambalajnayi Ve Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Bak Ambalajnayi Ve Ticaret AS's Debt to Equity Ratio for the quarter that ended in Mar. 2023 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.


Bak Ambalajnayi Ve Ticaret AS  (IST:BAKAB) 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.


Bak Ambalajnayi Ve Ticaret AS Debt-to-Equity Related Terms

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Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Business Description

Traded in Other Exchanges
N/A
Address
AOSB 10002, Sokak Number 45, Cigli, Izmir, TUR, 35620
Bak Ambalaj Sanayi Ve Ticaret AS is a Turkey-based company involved in the manufacturing of packaging products including unprinted, printed and laminated flexible packaging. The products offerings of the company include Snack Foods Packaging, Biscuits Packaging, Sugar and Chocolate Confectionary, Bread and Fresh Food Packaging, Instant Food & Drinks and Other Product Packaging.

Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Headlines

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