Netas Telekomuenikasyon AS (IST:NETAS) Debt-to-Equity : 146.81 (As of Sep. 2024)

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What is Netas Telekomuenikasyon AS Debt-to-Equity?

Netas Telekomuenikasyon AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺1,821 Mil. Netas Telekomuenikasyon AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺305 Mil. Netas Telekomuenikasyon AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺14 Mil. Netas Telekomuenikasyon AS's debt to equity for the quarter that ended in Sep. 2024 was 146.81.

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 Netas Telekomuenikasyon AS's Debt-to-Equity or its related term are showing as below:

IST:NETAS' s Debt-to-Equity Range Over the Past 10 Years
Min: -323.86 Med: 0.89 Max: 279.24
Current: 146.81

During the past 13 years, the highest Debt-to-Equity Ratio of Netas Telekomuenikasyon AS was 279.24. The lowest was -323.86. And the median was 0.89.

IST:NETAS's Debt-to-Equity is ranked worse than
100% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs IST:NETAS: 146.81

Netas Telekomuenikasyon AS Debt-to-Equity Historical Data

The historical data trend for Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS Debt-to-Equity Chart

Netas Telekomuenikasyon AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.23

1.00

34.06

101.05

7.27

Netas Telekomuenikasyon AS Quarterly Data
	Dec19	Mar20	Jun20	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															-323.86	7.27	10.14	25.50	146.81

Competitive Comparison of Netas Telekomuenikasyon AS's Debt-to-Equity

For the Communication Equipment subindustry, Netas Telekomuenikasyon 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.

Netas Telekomuenikasyon AS's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomuenikasyon AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Netas Telekomuenikasyon AS's Debt-to-Equity falls into.

Netas Telekomuenikasyon AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Netas Telekomuenikasyon 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
	=	(1426.18	+	156.295)	/	217.693
	=	7.27

Netas Telekomuenikasyon AS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(1820.688	+	305.253)	/	14.481
	=	146.81

Netas Telekomuenikasyon AS (IST:NETAS) 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.

Netas Telekomuenikasyon AS Debt-to-Equity Related Terms

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

Netas Telekomuenikasyon AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Netas Telekomuenikasyon AS (IST:NETAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912

Website

http://www.netas.com.tr

Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

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