Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) Debt-to-Equity: 0.73 (As of Sep. 2024)

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IST:MANAS Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
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What is Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity?

Manas Enerji Yonetiminayi ve Ticaret AS IST:MANAS -3.01% 5 Debt-to-Equity is 0.73 as of Sep. 2024. GuruFocus rates IST:MANAS with a GF Score™ of 5/100.

Manas Enerji Yonetiminayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺403.2 Mil. Manas Enerji Yonetiminayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺37.3 Mil. Manas Enerji Yonetiminayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺602.8 Mil. Manas Enerji Yonetiminayi ve Ticaret AS's debt to equity for the quarter that ended in Sep. 2024 was 0.73.

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 Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:MANAS's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Manas Enerji Yonetiminayi ve Ticaret AS  (IST:MANAS) 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.


Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity Related Terms


Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Manas Enerji Yonetiminayi 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.

Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity Chart

Manas Enerji Yonetiminayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 2.46 1.36 0.15 0.54 0.42

Manas Enerji Yonetiminayi ve Ticaret AS Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.14 0.42 0.45 0.67 0.73

IST:MANAS vs VRT, HUBB, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Manas Enerji Yonetiminayi 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.


Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity falls into.


IST:MANAS
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Manas Enerji Yonetimi Sanayi ve Ticaret AS IST:MANAS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Manas Enerji Yonetiminayi ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manas Enerji Yonetiminayi ve Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Manas Enerji Yonetiminayi ve Ticaret AS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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 0.73 mean?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a Debt-to-Equity of 0.73 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Manas Enerji Yonetiminayi ve Ticaret AS and its competitors.
Is Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity too high?
Manas Enerji Yonetiminayi ve Ticaret AS's current Debt-to-Equity is 0.73. The Industrial Products industry median Debt-to-Equity is 0.28. Manas Enerji Yonetiminayi ve Ticaret AS's value of 0.73 is 160.7% above this industry median. Overall, Manas Enerji Yonetiminayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity compare to VRT and HUBB?
Manas Enerji Yonetiminayi ve Ticaret AS's Debt-to-Equity of 0.73 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. Manas Enerji Yonetiminayi ve Ticaret AS's value of 0.73 is 160.7% above this benchmark. 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 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. Manas Enerji Yonetiminayi ve Ticaret AS's current Debt-to-Equity of 0.73 is 160.7% above 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 Manas Enerji Yonetiminayi ve Ticaret AS and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manas Enerji Yonetiminayi ve Ticaret AS's current Debt-to-Equity is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manas Enerji Yonetiminayi ve Ticaret AS stock overvalued right now?
Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS) has a current Debt-to-Equity of 0.73. The current Debt-to-Equity is 0.73 and 160.7% above the Industrial Products industry median of 0.28. Manas Enerji Yonetiminayi ve Ticaret AS's overall GF Score™ is 5/100. 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 Manas Enerji Yonetiminayi ve Ticaret AS (IST:MANAS), the current Debt-to-Equity is 0.73 as of Sep. 2024. 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.

Manas Enerji Yonetiminayi ve Ticaret AS Business Description

Address A.S.O. 1. Organize Sanayi Bolgesi, Anadolu Caddesi No: 25, Sincan, Ankara, TUR, 06935
Manas Enerji Yonetimi Sanayi ve Ticaret AS is engaged in the business of smart metering systems and solutions. Its products are into electro-controlled gas, water, heat and electricity meters also AMR, M2M, AMI AND, meter remote control system solutions.
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