Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) Debt-to-Equity: 0.14 (As of Jun. 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:HATSN Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
59 GF Score
Price ₺50.25
! 3 Warning Signs
View Full Analysis

What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity?

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS IST:HATSN +0.40% 59 Debt-to-Equity is 0.14 as of Jun. 2026, which is 42% below its 10-year median of 0.24. GuruFocus rates IST:HATSN with a GF Score™ of 59/100. The stock has 3 warning signs investors should review. Among 313 Aerospace & Defense companies, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks better than 70.93% on this metric.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺427 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺442 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₺6,463 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's debt to equity for the quarter that ended in Jun. 2026 was 0.13.

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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:HATSN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.24   Max: 11.42
Current: 0.14

During the past 5 years, the highest Debt-to-Equity Ratio of Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS was 11.42. The lowest was 0.11. And the median was 0.24.

IST:HATSN's Debt-to-Equity is ranked better than
70.93% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.32 vs IST:HATSN: 0.14

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS  (IST:HATSN) 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity Related Terms


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
3.68 11.42 0.86 0.28 0.16

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only 0.12 0.11 0.12 0.15 0.14

IST:HATSN vs SPCX, GE, RTX: Debt-to-Equity Comparison

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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.


Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity falls into.


IST:HATSN
59GF Score
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.14 mean?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a Debt-to-Equity of 0.14 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors. This is 42% below median its historical median of 0.24. Over the past decade, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity has ranged from 0.11 to 11.42. According to the industry distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #91 out of 313 companies in the Aerospace & Defense industry, placing it in the top 29.1%.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity too high?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Debt-to-Equity of 0.14 is 42% below median its 10-year median of 0.24. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 11.42. The Aerospace & Defense industry median Debt-to-Equity is 0.32. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's value of 0.14 is 56.3% below this industry median. Based on the distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #91 out of 313 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS ranks #91 out of 313 companies for Debt-to-Equity. This puts Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's value of 0.14 is 56.3% below this benchmark. Historically, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's own Debt-to-Equity has ranged from 0.11 to 11.42 over the past decade. While the company's 10-year median is 0.24 vs. the industry median of 0.32, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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 Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.32, based on 313 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. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Debt-to-Equity of 0.14 is 56.3% 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current Debt-to-Equity is 0.14, which is 42% below median its own 10-year median of 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS stock overvalued right now?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a current Debt-to-Equity of 0.14. The current Debt-to-Equity is 0.14, which is 42% below median its 10-year median of 0.24 and 56.3% below the Aerospace & Defense industry median of 0.32. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's overall GF Score™ is 59/100 with 3 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN), the current Debt-to-Equity is 0.14 as of Jun. 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Address Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.
59GF Score

Get the complete analysis for IST:HATSN

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

₺50.25
Price