Marshall Boya VE Verniknayii AS (IST:MRSHL) Debt-to-Equity : 0.47 (As of Dec. 2023)

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What is Marshall Boya VE Verniknayii AS Debt-to-Equity?

Marshall Boya VE Verniknayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺367 Mil. Marshall Boya VE Verniknayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Marshall Boya VE Verniknayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺774 Mil. Marshall Boya VE Verniknayii AS's debt to equity for the quarter that ended in Dec. 2023 was 0.47.

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 Marshall Boya VE Verniknayii AS's Debt-to-Equity or its related term are showing as below:

IST:MRSHL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1.03 Max: 42.88
Current: 0.47

During the past 12 years, the highest Debt-to-Equity Ratio of Marshall Boya VE Verniknayii AS was 42.88. The lowest was 0.00. And the median was 1.03.

IST:MRSHL's Debt-to-Equity is ranked worse than
59.34% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs IST:MRSHL: 0.47

Marshall Boya VE Verniknayii AS Debt-to-Equity Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Debt-to-Equity Chart

Marshall Boya VE Verniknayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.15

1.03

42.88

1.60

0.47

Marshall Boya VE Verniknayii AS Semi-Annual Data
	Dec09	Dec10	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							1.15	1.03	42.88	1.60	0.47

Competitive Comparison of Marshall Boya VE Verniknayii AS's Debt-to-Equity

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Debt-to-Equity falls into.

Marshall Boya VE Verniknayii AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marshall Boya VE Verniknayii 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
	=	(367.075	+	0.078)	/	774.43
	=	0.47

Marshall Boya VE Verniknayii 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
	=	(367.075	+	0.078)	/	774.43
	=	0.47

Marshall Boya VE Verniknayii AS (IST:MRSHL) 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.

Marshall Boya VE Verniknayii AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Marshall Boya VE Verniknayii AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Marshall Boya VE Vernik Sanayii AS (IST:MRSHL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455

Website

http://www.marshallboya.com

Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

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