Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Debt-to-Equity: 0.80 (As of Mar. 2026) — 433% Above Median

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IST:FORTE Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
61 GF Score
Price ₺106.40
! 8 Warning Signs
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What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS IST:FORTE +3.10% 61 Debt-to-Equity is 0.80 as of Mar. 2026, which is 433% above its 10-year median of 0.15. GuruFocus rates IST:FORTE with a GF Score™ of 61/100. The stock has 8 warning signs investors should review. Among 2,247 Software companies, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks worse than 80.55% on this metric.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺864 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1,328 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₺2,726 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's debt to equity for the quarter that ended in Mar. 2026 was 0.80.

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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity or its related term are showing as below:

IST:FORTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.15   Max: 0.8
Current: 0.8

During the past 6 years, the highest Debt-to-Equity Ratio of Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS was 0.80. The lowest was 0.02. And the median was 0.15.

IST:FORTE's Debt-to-Equity is ranked worse than
80.55% of 2247 companies
in the Software industry
Industry Median: 0.19 vs IST:FORTE: 0.80

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS  (IST:FORTE) 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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity Related Terms


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.02 0.60 0.13 0.15 0.73

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.64 0.74 0.73 0.80

IST:FORTE vs QH, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi 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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity falls into.


IST:FORTE
61GF Score
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.80 mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Debt-to-Equity of 0.80 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 433% above median its historical median of 0.15. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity has ranged from 0.02 to 0.80. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1810 out of 2247 companies in the Software industry, placing it in the top 80.6%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-Equity of 0.80 is 433% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.80. The Software industry median Debt-to-Equity is 0.19. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 0.80 is 321.1% above this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1810 out of 2247 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1810 out of 2247 companies for Debt-to-Equity. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 0.80 is 321.1% above this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Debt-to-Equity has ranged from 0.02 to 0.80 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.19, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has consistently been above 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 a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,247 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-Equity of 0.80 is 321.1% above 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Debt-to-Equity is 0.80, which is 433% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Debt-to-Equity of 0.80. The current Debt-to-Equity is 0.80, which is 433% above median its 10-year median of 0.15 and 321.1% above the Software industry median of 0.19. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Debt-to-Equity is 0.80 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Address Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score

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