Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) Debt-to-Equity : 0.31 (As of Dec. 2023)

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What is Kaleseramik Canakkale Kalebodur Seramiknayi AS Debt-to-Equity?

Kaleseramik Canakkale Kalebodur Seramiknayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,792 Mil. Kaleseramik Canakkale Kalebodur Seramiknayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺589 Mil. Kaleseramik Canakkale Kalebodur Seramiknayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺7,772 Mil. Kaleseramik Canakkale Kalebodur Seramiknayi AS's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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 Kaleseramik Canakkale Kalebodur Seramiknayi AS's Debt-to-Equity or its related term are showing as below:

IST:KLSER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.53 Max: 3.88
Current: 0.31

During the past 4 years, the highest Debt-to-Equity Ratio of Kaleseramik Canakkale Kalebodur Seramiknayi AS was 3.88. The lowest was 0.31. And the median was 1.53.

IST:KLSER's Debt-to-Equity is ranked better than
59.3% of 1548 companies
in the Construction industry
Industry Median: 0.44 vs IST:KLSER: 0.31

Kaleseramik Canakkale Kalebodur Seramiknayi AS Debt-to-Equity Historical Data

The historical data trend for Kaleseramik Canakkale Kalebodur Seramiknayi 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.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Debt-to-Equity Chart

Kaleseramik Canakkale Kalebodur Seramiknayi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.88

2.55

0.50

0.31

Kaleseramik Canakkale Kalebodur Seramiknayi AS Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	3.88	2.55	0.50	0.31

Competitive Comparison of Kaleseramik Canakkale Kalebodur Seramiknayi AS's Debt-to-Equity

For the Building Products & Equipment subindustry, Kaleseramik Canakkale Kalebodur Seramiknayi 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.

Kaleseramik Canakkale Kalebodur Seramiknayi AS's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kaleseramik Canakkale Kalebodur Seramiknayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kaleseramik Canakkale Kalebodur Seramiknayi AS's Debt-to-Equity falls into.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kaleseramik Canakkale Kalebodur Seramiknayi 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
	=	(1792.196	+	588.759)	/	7771.866
	=	0.31

Kaleseramik Canakkale Kalebodur Seramiknayi AS'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
	=	(1792.196	+	588.759)	/	7771.866
	=	0.31

Kaleseramik Canakkale Kalebodur Seramiknayi AS (IST:KLSER) 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.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Debt-to-Equity Related Terms

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

Kaleseramik Canakkale Kalebodur Seramiknayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kaleseramik Canakkale Kalebodur Seramik Sanayi AS (IST:KLSER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kavakli Mahallesi Istanbul Caddesi Sanica Blok No:10, Ic Kapi No:1, Beylikduzu, Istanbul, TUR, 34520

Website

https://www.sanicaisi.com.tr

Kaleseramik Canakkale Kalebodur Seramik Sanayi AS manufactures acrylic bathtubs and also has been continuing its production in main groups, namely bathrooms, spa, heat, plumbing, glass, and infrastructure. The firm provides a range of products under Panel Radiators, Sanica Condensing Boilers, Kral Condensing Boiler, Design Radiators, and Towel Rails.

Kaleseramik Canakkale Kalebodur Seramiknayi AS Headlines

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