Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Debt-to-Equity : 1.35 (As of Dec. 2022)

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What is Sarkuysan Elektrolitik Bakirnayi AS Debt-to-Equity?

Sarkuysan Elektrolitik Bakirnayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺2,847 Mil. Sarkuysan Elektrolitik Bakirnayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺568 Mil. Sarkuysan Elektrolitik Bakirnayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₺2,534 Mil. Sarkuysan Elektrolitik Bakirnayi AS's debt to equity for the quarter that ended in Dec. 2022 was 1.35.

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 Sarkuysan Elektrolitik Bakirnayi AS's Debt-to-Equity or its related term are showing as below:

IST:SARKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.35 Med: 1.56 Max: 1.92
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of Sarkuysan Elektrolitik Bakirnayi AS was 1.92. The lowest was 1.35. And the median was 1.56.

IST:SARKY's Debt-to-Equity is ranked worse than
91.24% of 1301 companies
in the Metals & Mining industry
Industry Median: 0.13 vs IST:SARKY: 1.35

Sarkuysan Elektrolitik Bakirnayi AS Debt-to-Equity Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS Debt-to-Equity Chart

Sarkuysan Elektrolitik Bakirnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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1.88

1.86

1.61

1.35

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial										1.88	1.86	1.61	1.61	1.35

Competitive Comparison of Sarkuysan Elektrolitik Bakirnayi AS's Debt-to-Equity

For the Copper subindustry, Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sarkuysan Elektrolitik Bakirnayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sarkuysan Elektrolitik Bakirnayi AS's Debt-to-Equity falls into.

Sarkuysan Elektrolitik Bakirnayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sarkuysan Elektrolitik Bakirnayi AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2846.939	+	567.649)	/	2534.105
	=	1.35

Sarkuysan Elektrolitik Bakirnayi AS's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(2846.939	+	567.649)	/	2534.105
	=	1.35

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) 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.

Sarkuysan Elektrolitik Bakirnayi AS Debt-to-Equity Related Terms

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

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarkuysan Elektrolitik Bakir Sanayi AS (IST:SARKY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700

Website

http://www.sarkuysan.com

Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Headlines

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