CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is CVK Maden Isletmelerinayi ve Ticaret Debt-to-Equity?

CVK Maden Isletmelerinayi ve Ticaret's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺189 Mil. CVK Maden Isletmelerinayi ve Ticaret's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺10 Mil. CVK Maden Isletmelerinayi ve Ticaret's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺3,532 Mil. CVK Maden Isletmelerinayi ve Ticaret's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 CVK Maden Isletmelerinayi ve Ticaret's Debt-to-Equity or its related term are showing as below:

IST:CVKMD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.14
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of CVK Maden Isletmelerinayi ve Ticaret was 0.14. The lowest was 0.06. And the median was 0.09.

IST:CVKMD's Debt-to-Equity is ranked better than
63.51% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs IST:CVKMD: 0.06

CVK Maden Isletmelerinayi ve Ticaret Debt-to-Equity Historical Data

The historical data trend for CVK Maden Isletmelerinayi ve Ticaret'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.

CVK Maden Isletmelerinayi ve Ticaret Debt-to-Equity Chart

CVK Maden Isletmelerinayi ve Ticaret Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.14

0.09

0.10

0.06

CVK Maden Isletmelerinayi ve Ticaret Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.10	0.03	0.04	0.06

Competitive Comparison of CVK Maden Isletmelerinayi ve Ticaret's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, CVK Maden Isletmelerinayi ve Ticaret'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.

CVK Maden Isletmelerinayi ve Ticaret's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CVK Maden Isletmelerinayi ve Ticaret's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CVK Maden Isletmelerinayi ve Ticaret's Debt-to-Equity falls into.

CVK Maden Isletmelerinayi ve Ticaret Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CVK Maden Isletmelerinayi ve Ticaret'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
	=	(189.326	+	9.91)	/	3532.412
	=	0.06

CVK Maden Isletmelerinayi ve Ticaret'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
	=	(189.326	+	9.91)	/	3532.412
	=	0.06

CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) 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.

CVK Maden Isletmelerinayi ve Ticaret Debt-to-Equity Related Terms

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CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CVK Maden Isletmeleri Sanayi ve Ticaret (IST:CVKMD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Muallim Naci Caddesi No: 105/B Besiktas, Kurucesme Mahallesi, Istanbul, TUR, 34353

Website

https://www.cvkmadencilik.com

CVK Maden Isletmeleri Sanayi ve Ticaret engages in manufacturing and fully exporting concentrated and lumpy chromite ore, concentrated lead-zinc, copper and silver ore products, and marble and travertine natural stone products. Its products comprise Lead Concentrate, Chrome Concentrate, Zinc Concentrate, and Gold.

CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Headlines

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