Hektas Ticaret AS (IST:HEKTS) Debt-to-Equity : 0.53 (As of Dec. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Hektas Ticaret AS Debt-to-Equity?

Hektas Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺4,541 Mil. Hektas Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺2,714 Mil. Hektas Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₺13,772 Mil. Hektas Ticaret AS's debt to equity for the quarter that ended in Dec. 2024 was 0.53.

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 Hektas Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:HEKTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 1.25 Max: 1.91
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Hektas Ticaret AS was 1.91. The lowest was 0.15. And the median was 1.25.

IST:HEKTS's Debt-to-Equity is ranked worse than
60.43% of 235 companies
in the Agriculture industry
Industry Median: 0.38 vs IST:HEKTS: 0.53

Hektas Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Hektas 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.

* Premium members only.

Hektas Ticaret AS Debt-to-Equity Chart

Hektas Ticaret AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.34

1.59

1.37

1.91

0.53

Hektas Ticaret AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															1.91	1.76	1.74	1.17	0.53

Competitive Comparison of Hektas Ticaret AS's Debt-to-Equity

For the Agricultural Inputs subindustry, Hektas 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.

Hektas Ticaret AS's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Hektas Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hektas Ticaret AS's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Hektas Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hektas Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(4541.026	+	2714.169)	/	13772.163
	=	0.53

Hektas Ticaret AS's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(4541.026	+	2714.169)	/	13772.163
	=	0.53

Hektas Ticaret AS (IST:HEKTS) 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.

Hektas Ticaret AS Debt-to-Equity Related Terms

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

Hektas Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hektas Ticaret AS (IST:HEKTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480

Website

https://www.hektas.com.tr

Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

Hektas Ticaret AS Headlines

No Headlines