Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Bastas Baskent Cimentonayi ve Ticaret AS Debt-to-Equity?

Bastas Baskent Cimentonayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺307 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺17 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺4,379 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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 Bastas Baskent Cimentonayi ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:BASCM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.2 Max: 1.21
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Bastas Baskent Cimentonayi ve Ticaret AS was 1.21. The lowest was 0.00. And the median was 0.20.

IST:BASCM's Debt-to-Equity is ranked better than
85.84% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs IST:BASCM: 0.07

Bastas Baskent Cimentonayi ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Bastas Baskent Cimentonayi 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.

Bastas Baskent Cimentonayi ve Ticaret AS Debt-to-Equity Chart

Bastas Baskent Cimentonayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.43

1.21

0.60

0.07

Bastas Baskent Cimentonayi ve Ticaret AS Semi-Annual Data
	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											0.25	0.43	1.21	0.60	0.07

Competitive Comparison of Bastas Baskent Cimentonayi ve Ticaret AS's Debt-to-Equity

For the Building Materials subindustry, Bastas Baskent Cimentonayi 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.

Bastas Baskent Cimentonayi ve Ticaret AS's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bastas Baskent Cimentonayi ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bastas Baskent Cimentonayi ve Ticaret AS's Debt-to-Equity falls into.

Bastas Baskent Cimentonayi ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bastas Baskent Cimentonayi ve Ticaret 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
	=	(307.053	+	16.992)	/	4379.189
	=	0.07

Bastas Baskent Cimentonayi ve Ticaret 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
	=	(307.053	+	16.992)	/	4379.189
	=	0.07

Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) 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.

Bastas Baskent Cimentonayi ve Ticaret AS Debt-to-Equity Related Terms

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

Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Bastas Baskent Cimento Sanayi ve Ticaret AS (IST:BASCM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara-Samsun Karayolu 35. Km. Elmadag, Ankara, TUR, 06780

Website

http://www.bastas.com.tr

Bastas Baskent Cimento Sanayi ve Ticaret AS is engaged in manufacturing building products. Its products include cement, Lime, ready-mix concrete, all kinds of pipe and stones, among others.

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