Ihlas Haber Ajansi AS (IST:IHAAS) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Ihlas Haber Ajansi AS Debt-to-Equity?

Ihlas Haber Ajansi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺1.7 Mil. Ihlas Haber Ajansi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺17.5 Mil. Ihlas Haber Ajansi AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺276.1 Mil. Ihlas Haber Ajansi AS's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Ihlas Haber Ajansi AS's Debt-to-Equity or its related term are showing as below:

IST:IHAAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.13
Current: 0.07

During the past 4 years, the highest Debt-to-Equity Ratio of Ihlas Haber Ajansi AS was 0.13. The lowest was 0.03. And the median was 0.05.

IST:IHAAS's Debt-to-Equity is ranked better than
76.91% of 836 companies
in the Media - Diversified industry
Industry Median: 0.28 vs IST:IHAAS: 0.07

Ihlas Haber Ajansi AS Debt-to-Equity Historical Data

The historical data trend for Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS Debt-to-Equity Chart

Ihlas Haber Ajansi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.13

0.04

0.03

0.07

Ihlas Haber Ajansi AS Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.03	0.06	0.06	0.07	0.07

Competitive Comparison of Ihlas Haber Ajansi AS's Debt-to-Equity

For the Broadcasting subindustry, Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Haber Ajansi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ihlas Haber Ajansi AS's Debt-to-Equity falls into.

Ihlas Haber Ajansi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ihlas Haber Ajansi AS'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
	=	(1.725	+	18.038)	/	275.539
	=	0.07

Ihlas Haber Ajansi AS's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1.735	+	17.493)	/	276.05
	=	0.07

Ihlas Haber Ajansi AS (IST:IHAAS) 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.

Ihlas Haber Ajansi AS Debt-to-Equity Related Terms

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Ihlas Haber Ajansi AS (IST:IHAAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ihlas Haber Ajansi AS (IST:IHAAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merkez Mah. 29 October Cad., Ihlas Plaza No: 11 A/ 21, Yenibosna, Istanbul, TUR, 34197

Website

https://www.iha.com.tr

Ihlas Haber Ajansi AS is engaged in a news agency business. The company delivers visual, written, and photographic news to its subscribers via satellite and the internet. It also has started to provide broadcasting services in Iran, Iraq, Afghanistan, Pakistan, Russia, Greece, Kosovo, Israel, Palestine, Ukraine, and Central Asian Turkic Republics.

Ihlas Haber Ajansi AS (IST:IHAAS) Headlines

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