Polisan Holding AS (IST:POLHO) Debt-to-Equity : 0.09 (As of Dec. 2023)

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What is Polisan Holding AS Debt-to-Equity?

Polisan Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺713 Mil. Polisan Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺282 Mil. Polisan Holding AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺11,260 Mil. Polisan Holding AS's debt to equity for the quarter that ended in Dec. 2023 was 0.09.

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

IST:POLHO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.31 Max: 0.7
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Polisan Holding AS was 0.70. The lowest was 0.09. And the median was 0.31.

IST:POLHO's Debt-to-Equity is ranked better than
79.08% of 1391 companies
in the Chemicals industry
Industry Median: 0.35 vs IST:POLHO: 0.09

Polisan Holding AS Debt-to-Equity Historical Data

The historical data trend for Polisan Holding 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.

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Polisan Holding AS Debt-to-Equity Chart

Polisan Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.41

0.12

0.09

Polisan Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.20	0.24	0.24	0.09

Competitive Comparison of Polisan Holding AS's Debt-to-Equity

For the Specialty Chemicals subindustry, Polisan Holding 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.

Polisan Holding AS's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Debt-to-Equity distribution charts can be found below:

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

Polisan Holding AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polisan Holding 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
	=	(712.536	+	282.181)	/	11260.487
	=	0.09

Polisan Holding 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
	=	(712.536	+	282.181)	/	11260.487
	=	0.09

Polisan Holding AS (IST:POLHO) 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.

Polisan Holding AS Debt-to-Equity Related Terms

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Polisan Holding AS (IST:POLHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polisan Holding AS (IST:POLHO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR

Website

https://www.polisanholding.com

Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.

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