Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) Debt-to-Equity: 0.80 (As of Mar. 2026) — 11% Above Median

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IST:GLRMK Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
17 GF Score
Price ₺147.90
! 2 Warning Signs
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What is Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity?

Gulermak Agirnayi Insaat Ve Taahhut AS IST:GLRMK -2.89% 17 Debt-to-Equity is 0.80 as of Mar. 2026, which is 11% above its 10-year median of 0.72. GuruFocus rates IST:GLRMK with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,609 Construction companies, Gulermak Agirnayi Insaat Ve Taahhut AS ranks worse than 69.79% on this metric.

Gulermak Agirnayi Insaat Ve Taahhut AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺4,914 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺10,303 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₺18,936 Mil. Gulermak Agirnayi Insaat Ve Taahhut 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 Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity or its related term are showing as below:

IST:GLRMK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.72   Max: 0.84
Current: 0.8

During the past 5 years, the highest Debt-to-Equity Ratio of Gulermak Agirnayi Insaat Ve Taahhut AS was 0.84. The lowest was 0.06. And the median was 0.72.

IST:GLRMK's Debt-to-Equity is ranked worse than
69.79% of 1609 companies
in the Construction industry
Industry Median: 0.41 vs IST:GLRMK: 0.80

Gulermak Agirnayi Insaat Ve Taahhut AS  (IST:GLRMK) 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.


Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity Related Terms


Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity Chart

Gulermak Agirnayi Insaat Ve Taahhut AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
0.06 0.26 0.57 0.84 0.80

Gulermak Agirnayi Insaat Ve Taahhut AS Quarterly Data
Dec21 Dec22 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 0.67 0.75 0.69 0.80 0.80

IST:GLRMK vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Gulermak Agirnayi Insaat Ve Taahhut 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.


Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity falls into.


IST:GLRMK
17GF Score
Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulermak Agirnayi Insaat Ve Taahhut AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gulermak Agirnayi Insaat Ve Taahhut AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Gulermak Agirnayi Insaat Ve Taahhut 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?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) 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 Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. This is 11% above median its historical median of 0.72. Over the past decade, Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity has ranged from 0.06 to 0.84. According to the industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #1123 out of 1609 companies in the Construction industry, placing it in the top 69.8%.
Is Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity too high?
Gulermak Agirnayi Insaat Ve Taahhut AS's current Debt-to-Equity of 0.80 is 11% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.84. The Construction industry median Debt-to-Equity is 0.41. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 0.80 is 95.1% above this industry median. Based on the distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #1123 out of 1609 companies in the Construction industry, which is below the industry midpoint. Overall, Gulermak Agirnayi Insaat Ve Taahhut AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gulermak Agirnayi Insaat Ve Taahhut AS's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #1123 out of 1609 companies for Debt-to-Equity. This places Gulermak Agirnayi Insaat Ve Taahhut AS in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 0.80 is 95.1% above this benchmark. Historically, Gulermak Agirnayi Insaat Ve Taahhut AS's own Debt-to-Equity has ranged from 0.06 to 0.84 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.41, Gulermak Agirnayi Insaat Ve Taahhut 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,609 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. Gulermak Agirnayi Insaat Ve Taahhut AS's current Debt-to-Equity of 0.80 is 95.1% 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 Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulermak Agirnayi Insaat Ve Taahhut AS's current Debt-to-Equity is 0.80, which is 11% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulermak Agirnayi Insaat Ve Taahhut AS stock overvalued right now?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a current Debt-to-Equity of 0.80. The current Debt-to-Equity is 0.80, which is 11% above median its 10-year median of 0.72 and 95.1% above the Construction industry median of 0.41. Gulermak Agirnayi Insaat Ve Taahhut AS's overall GF Score™ is 17/100 with 2 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 Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK), 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Business Description

Address Ankara Street, No: 111 Golbasi, Bahcelievler District, Ankara, TUR
Gulermak Agir Sanayi Insaat Ve Taahhut AS Operating in large-scale and complex infrastructure projects in the construction sector. The Company's main field of activity is to provide turnkey infrastructure and industrial construction projects such as metro, railway, tram, tunnel, road, bridge, dam, cement factory, glass factory, sugar factory and power plants for official and private institutions in Turkey and abroad. The Company continues its activities in different geographies in Poland, Romania, Sweden, Switzerland, Philippines, North Macedonia, U.A.E. and India.
17GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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