Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Debt-to-Equity?

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺4 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺801 Mil. Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity or its related term are showing as below:

IST:GZNMI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.07 Med: 0.05 Max: 16.72
Current: 0.01

During the past 6 years, the highest Debt-to-Equity Ratio of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi was 16.72. The lowest was -0.07. And the median was 0.05.

IST:GZNMI's Debt-to-Equity is ranked better than
99.86% of 699 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs IST:GZNMI: 0.01

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Debt-to-Equity Historical Data

The historical data trend for Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Debt-to-Equity Chart

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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16.72

9.19

0.09

0.01

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.01	0.01	0.07	0.15	0.01

Competitive Comparison of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity

For the Travel Services subindustry, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity falls into.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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
	=	(4.491	+	0)	/	801.152
	=	0.01

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi'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
	=	(4.491	+	0)	/	801.152
	=	0.01

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) 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.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Gezinomi Seyahat Turizm Ticaret Anonim Sirketi's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mehmetcik Mah. 1242 Sok. No 3B, 2 Muratpasa, Antalya, TUR

Website

https://www.gezinomi.com

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi is a tour operator with its hotel and tour services. It allows users to buy services comprising domestic and international tours, hotel accommodation, Cyprus hotels, car rentals, flight tickets, transfers, and holidays.

Gezinomi Seyahat Turizm Ticaret Anonim Sirketi (IST:GZNMI) Headlines

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