Nuh Cimentonayii AS (IST:NUHCM) Debt-to-Equity : 0.16 (As of Sep. 2024)

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What is Nuh Cimentonayii AS Debt-to-Equity?

Nuh Cimentonayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺1,684 Mil. Nuh Cimentonayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺1,173 Mil. Nuh Cimentonayii AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺18,003 Mil. Nuh Cimentonayii AS's debt to equity for the quarter that ended in Sep. 2024 was 0.16.

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

IST:NUHCM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.23 Max: 0.53
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Nuh Cimentonayii AS was 0.53. The lowest was 0.09. And the median was 0.23.

IST:NUHCM's Debt-to-Equity is ranked better than
73.74% of 358 companies
in the Building Materials industry
Industry Median: 0.37 vs IST:NUHCM: 0.16

Nuh Cimentonayii AS Debt-to-Equity Historical Data

The historical data trend for Nuh Cimentonayii 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.

Nuh Cimentonayii AS Debt-to-Equity Chart

Nuh Cimentonayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.30

0.18

0.34

0.19

Nuh Cimentonayii 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															0.26	0.19	0.19	0.19	0.16

Competitive Comparison of Nuh Cimentonayii AS's Debt-to-Equity

For the Building Materials subindustry, Nuh Cimentonayii 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.

Nuh Cimentonayii AS's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nuh Cimentonayii AS's Debt-to-Equity distribution charts can be found below:

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

Nuh Cimentonayii AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuh Cimentonayii 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
	=	(914.483	+	1594.706)	/	13411.674
	=	0.19

Nuh Cimentonayii 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
	=	(1683.74	+	1172.843)	/	18002.804
	=	0.16

Nuh Cimentonayii AS (IST:NUHCM) 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.

Nuh Cimentonayii AS Debt-to-Equity Related Terms

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Nuh Cimentonayii AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Nuh Cimento Sanayii AS (IST:NUHCM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inonu Cad. No 102, Kat 6-7, Kozyata??, Istanbul, TUR

Website

http://www.nuhcimento.com.tr

Nuh Cimento Sanayii AS operates as a cement manufacturer with interests in energy production. The company operates its business through two segments namely; Construction and Construction Materials and Energy. The principal activities of the company include a production of various types of cement, lime, ready-mixed concrete, gas concrete, clinker, power generation, and transportation. It also offers port services through a dock near its plant with nearly 500 meters in length and loads and unloads cargo. The firm derives the majority of its revenues through the sale of its cement products.

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