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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Merit Turizm Yatirim ve Isletme AS Debt-to-Equity?

Merit Turizm Yatirim ve Isletme AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0.0 Mil. Merit Turizm Yatirim ve Isletme AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0.0 Mil. Merit Turizm Yatirim ve Isletme AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺4,142.3 Mil. Merit Turizm Yatirim ve Isletme AS's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Merit Turizm Yatirim ve Isletme AS's Debt-to-Equity or its related term are showing as below:

IST:MERIT's Debt-to-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Merit Turizm Yatirim ve Isletme AS Debt-to-Equity Historical Data

The historical data trend for Merit Turizm Yatirim ve Isletme 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.

Merit Turizm Yatirim ve Isletme AS Debt-to-Equity Chart

Merit Turizm Yatirim ve Isletme AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Merit Turizm Yatirim ve Isletme AS Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Merit Turizm Yatirim ve Isletme AS's Debt-to-Equity

For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme 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.


Merit Turizm Yatirim ve Isletme AS's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's Debt-to-Equity falls into.



Merit Turizm Yatirim ve Isletme AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Merit Turizm Yatirim ve Isletme AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Merit Turizm Yatirim ve Isletme AS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Merit Turizm Yatirim ve Isletme AS  (IST:MERIT) 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.


Merit Turizm Yatirim ve Isletme AS Debt-to-Equity Related Terms

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Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Business Description

Traded in Other Exchanges
N/A
Address
Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337
Merit Turizm Yatirim ve Isletme A.S. is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.

Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Headlines

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