Bim Birlesik Magazalar AS (IST:BIMAS) Debt-to-Equity : 0.64 (As of Sep. 2023)

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What is Bim Birlesik Magazalar AS Debt-to-Equity?

Bim Birlesik Magazalar AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺3,906 Mil. Bim Birlesik Magazalar AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺15,280 Mil. Bim Birlesik Magazalar AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺29,804 Mil. Bim Birlesik Magazalar AS's debt to equity for the quarter that ended in Sep. 2023 was 0.64.

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

IST:BIMAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.6 Max: 1.29
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Bim Birlesik Magazalar AS was 1.29. The lowest was 0.01. And the median was 0.60.

IST:BIMAS's Debt-to-Equity is ranked better than
50% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs IST:BIMAS: 0.64

Bim Birlesik Magazalar AS Debt-to-Equity Historical Data

The historical data trend for Bim Birlesik Magazalar 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.

Bim Birlesik Magazalar AS Debt-to-Equity Chart

Bim Birlesik Magazalar AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

1.02

0.85

1.07

0.47

Bim Birlesik Magazalar AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.02	0.47	0.56	0.66	0.64

Competitive Comparison of Bim Birlesik Magazalar AS's Debt-to-Equity

For the Grocery Stores subindustry, Bim Birlesik Magazalar 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.

Bim Birlesik Magazalar AS's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bim Birlesik Magazalar AS's Debt-to-Equity distribution charts can be found below:

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

Bim Birlesik Magazalar AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bim Birlesik Magazalar AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2450.374	+	9460.474)	/	25200.975
	=	0.47

Bim Birlesik Magazalar AS's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3905.865	+	15279.925)	/	29804.484
	=	0.64

Bim Birlesik Magazalar AS (IST:BIMAS) 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.

Bim Birlesik Magazalar AS Debt-to-Equity Related Terms

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Bim Birlesik Magazalar AS (IST:BIMAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bim Birlesik Magazalar AS (IST:BIMAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdurrahmangazi Mahallesi, Ebubekir Caddesi No: 73, Sancaktepe, Istanbul, TUR, 34887

Website

https://www.bim.com.tr

Bim Birlesik Magazalar AS is a Turkey-based company that is engaged in operating retail stores through its retail shops throughout Turkey, which sell an assortment of approximately 850 items, including a number of private label products which includes Fresh Meat Products, Milk and milk products, Beverages, Legumes and Bakery, Snacks and Sweets, Fruits and Vegetables, Frozen Food, Cleaning Supplies, Oils and Cosmetics and papers. The company also operates abroad including in Morocco and Egypt.

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