Netcad Yazilim ASIST:NETCD -5.58%30 Debt-to-Equity is 0.03 as of Dec. 2024, which is 67% below its 10-year median of 0.09. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,240 Software companies, Netcad Yazilim AS ranks better than 86.12% on this metric.
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 Netcad Yazilim AS's Debt-to-Equity or its related term are showing as below:
IST:NETCD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.25
Current: 0.03
During the past 3 years, the highest Debt-to-Equity Ratio of Netcad Yazilim AS was 0.25. The lowest was 0.03. And the median was 0.09.
IST:NETCD's Debt-to-Equity is ranked better than 86.12% of 2240
companies
in the Software industry
Industry Median: 0.195
vs IST:NETCD: 0.03
Netcad Yazilim AS (IST:NETCD) Debt-to-Equity Explanation
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.
Netcad Yazilim AS Debt-to-Equity Related Terms
Netcad Yazilim AS Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Debt-to-Equity Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Debt-to-Equity
0.25
0.09
0.03
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Debt-to-Equity
0.25
0.09
0.03
IST:NETCD vs CRM, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim AS's Debt-to-Equity falls into.
* 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.
Netcad Yazilim AS (IST:NETCD) has a Debt-to-Equity of 0.03 as of Dec. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Netcad Yazilim AS and its competitors. This is 67% below median its historical median of 0.09. Over the past decade, Netcad Yazilim AS's Debt-to-Equity has ranged from 0.03 to 0.25. According to the industry distribution chart, Netcad Yazilim AS ranks #311 out of 2240 companies in the Software industry, placing it in the top 13.9%.
Is Netcad Yazilim AS's Debt-to-Equity too high?
Netcad Yazilim AS's current Debt-to-Equity of 0.03 is 67% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.25. The Software industry median Debt-to-Equity is 0.20. Netcad Yazilim AS's value of 0.03 is 84.6% below this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #311 out of 2240 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #311 out of 2240 companies for Debt-to-Equity. This places Netcad Yazilim AS in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. Netcad Yazilim AS's value of 0.03 is 84.6% below this benchmark. Historically, Netcad Yazilim AS's own Debt-to-Equity has ranged from 0.03 to 0.25 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.20, Netcad Yazilim AS has consistently been below the industry average. 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 a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,240 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. Netcad Yazilim AS's current Debt-to-Equity of 0.03 is 84.6% below 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Debt-to-Equity is 0.03, which is 67% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 67% below median its 10-year median of 0.09 and 84.6% below the Software industry median of 0.20. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 warning signs to review. 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 Netcad Yazilim AS (IST:NETCD), the current Debt-to-Equity is 0.03 as of Dec. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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