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Cates Elektrik Uretim ASIST:CATES +1.84%48 Debt-to-Equity is 0.01 as of Mar. 2026, which is at its 10-year median of 0.01. GuruFocus rates IST:CATES with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 395 Utilities - Independent Power Producers companies, Cates Elektrik Uretim AS ranks better than 99.75% on this metric.
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 Cates Elektrik Uretim AS's Debt-to-Equity or its related term are showing as below:
IST:CATES'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.21 Med: 0.01 Max: 2.57
Current: 0.01
During the past 6 years, the highest Debt-to-Equity Ratio of Cates Elektrik Uretim AS was 2.57. The lowest was -1.21. And the median was 0.01.
IST:CATES's Debt-to-Equity is ranked better than 99.75% of 395
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85
vs IST:CATES: 0.01
Cates Elektrik Uretim AS (IST:CATES) Debt-to-Equity Explanation
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.
Cates Elektrik Uretim AS Debt-to-Equity Related Terms
Cates Elektrik Uretim AS Debt-to-Equity Historical Data
* 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.
IST:CATES vs CEG, VST, NRG: Debt-to-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Cates Elektrik Uretim 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.
Cates Elektrik Uretim AS Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Cates Elektrik Uretim AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cates Elektrik Uretim AS's Debt-to-Equity falls into.
* 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.
Cates Elektrik Uretim AS (IST:CATES) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cates Elektrik Uretim AS and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, Cates Elektrik Uretim AS ranks #1 out of 395 companies in the Utilities - Independent Power Producers industry, placing it in the top 0.3%.
Is Cates Elektrik Uretim AS's Debt-to-Equity too high?
Cates Elektrik Uretim AS's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. Cates Elektrik Uretim AS's value of 0.01 is 98.8% below this industry median. Based on the distribution chart, Cates Elektrik Uretim AS ranks #1 out of 395 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Cates Elektrik Uretim AS has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Cates Elektrik Uretim AS's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Cates Elektrik Uretim AS ranks #1 out of 395 companies for Debt-to-Equity. This places Cates Elektrik Uretim AS in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.85. Cates Elektrik Uretim AS's value of 0.01 is 98.8% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.85, Cates Elektrik Uretim AS has consistently been below the industry average. 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 Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 395 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. Cates Elektrik Uretim AS's current Debt-to-Equity of 0.01 is 98.8% below 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 Cates Elektrik Uretim AS and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cates Elektrik Uretim AS's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cates Elektrik Uretim AS stock overvalued right now?
Cates Elektrik Uretim AS (IST:CATES) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 98.8% below the Utilities - Independent Power Producers industry median of 0.85. Cates Elektrik Uretim AS's overall GF Score™ is 48/100 with 4 warning signs to review. 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 Cates Elektrik Uretim AS (IST:CATES), the current Debt-to-Equity is 0.01 as of Mar. 2026. 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.
Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.
48GF Score
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