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Merko Gidanayi Ve Ticaret AS (IST:MERKO) Debt-to-Equity : 0.29 (As of Mar. 2024)


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What is Merko Gidanayi Ve Ticaret AS Debt-to-Equity?

Merko Gidanayi Ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺145 Mil. Merko Gidanayi Ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺61 Mil. Merko Gidanayi Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺703 Mil. Merko Gidanayi Ve Ticaret AS's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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

IST:MERKO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.44   Max: 2.03
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Merko Gidanayi Ve Ticaret AS was 2.03. The lowest was 0.04. And the median was 0.44.

IST:MERKO's Debt-to-Equity is ranked better than
60.1% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs IST:MERKO: 0.29

Merko Gidanayi Ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Merko Gidanayi 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.

* Premium members only.

Merko Gidanayi Ve Ticaret AS Debt-to-Equity Chart

Merko Gidanayi Ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Jun21 Jun22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.43 0.65 0.04 0.13

Merko Gidanayi Ve Ticaret AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 0.29 0.56 0.64 0.60 0.29

Competitive Comparison of Merko Gidanayi Ve Ticaret AS's Debt-to-Equity

For the Packaged Foods subindustry, Merko Gidanayi 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.


Merko Gidanayi Ve Ticaret AS's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Merko Gidanayi Ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

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



Merko Gidanayi Ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Merko Gidanayi Ve Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Merko Gidanayi Ve Ticaret AS's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Merko Gidanayi Ve Ticaret AS  (IST:MERKO) 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.


Merko Gidanayi Ve Ticaret AS Debt-to-Equity Related Terms

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Merko Gidanayi Ve Ticaret AS (IST:MERKO) Business Description

Traded in Other Exchanges
N/A
Address
Balmumcu Mah. Mustafa Izzet Efendi Sk. No: 9, K:2 Besiktas, Istanbul, TUR
Merko Gida Sanayi Ve Ticaret AS is engaged in the manufacture and exporter of frozen fruits, vegetables, and tomato. The company's products are categorized as tomato paste, aseptic diced tomato, and tomato juice concentrate.

Merko Gidanayi Ve Ticaret AS (IST:MERKO) Headlines

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