Birikim Varlik Yonetim AS (IST:BRKVY) Debt-to-Equity : 0.30 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Birikim Varlik Yonetim AS Debt-to-Equity?

Birikim Varlik Yonetim AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺233.2 Mil. Birikim Varlik Yonetim AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0.0 Mil. Birikim Varlik Yonetim AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺782.0 Mil. Birikim Varlik Yonetim AS's debt to equity for the quarter that ended in Mar. 2024 was 0.30.

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

IST:BRKVY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 1.92
Current: 0.3

During the past 5 years, the highest Debt-to-Equity Ratio of Birikim Varlik Yonetim AS was 1.92. The lowest was 0.13. And the median was 0.36.

IST:BRKVY's Debt-to-Equity is ranked worse than
58.78% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs IST:BRKVY: 0.30

Birikim Varlik Yonetim AS Debt-to-Equity Historical Data

The historical data trend for Birikim Varlik Yonetim 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.

Birikim Varlik Yonetim AS Debt-to-Equity Chart

Birikim Varlik Yonetim AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.92

1.32

0.36

0.35

0.46

Birikim Varlik Yonetim AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								0.36	0.33	0.26	0.46	0.30

Competitive Comparison of Birikim Varlik Yonetim AS's Debt-to-Equity

For the Asset Management subindustry, Birikim Varlik Yonetim 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.

Birikim Varlik Yonetim AS's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Birikim Varlik Yonetim AS's Debt-to-Equity distribution charts can be found below:

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

Birikim Varlik Yonetim AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Birikim Varlik Yonetim 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
	=	(300.718	+	0)	/	657.542
	=	0.46

Birikim Varlik Yonetim AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(233.178	+	0)	/	782.049
	=	0.30

Birikim Varlik Yonetim AS (IST:BRKVY) 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.

Birikim Varlik Yonetim AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Birikim Varlik Yonetim AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Birikim Varlik Yonetim AS (IST:BRKVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Birikim Varlik Yonetim AS (IST:BRKVY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Caddesi, Ozsezen Business Center, A Blok No. 122 Floor No. 5 Esentepe, Sisli, Istanbul, TUR

Website

https://www.birikimvarlik.com.tr

Birikim Varlik Yonetim AS operates as a asset management company.

Birikim Varlik Yonetim AS (IST:BRKVY) Headlines

No Headlines