Seker Yatirim Menkul Degerler AS (IST:SKYMD) Debt-to-Equity : 0.60 (As of Dec. 2023)

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What is Seker Yatirim Menkul Degerler AS Debt-to-Equity?

Seker Yatirim Menkul Degerler AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺466 Mil. Seker Yatirim Menkul Degerler AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Seker Yatirim Menkul Degerler AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺782 Mil. Seker Yatirim Menkul Degerler AS's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

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 Seker Yatirim Menkul Degerler AS's Debt-to-Equity or its related term are showing as below:

IST:SKYMD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.45 Max: 1.87
Current: 0.6

During the past 4 years, the highest Debt-to-Equity Ratio of Seker Yatirim Menkul Degerler AS was 1.87. The lowest was 0.60. And the median was 1.45.

IST:SKYMD's Debt-to-Equity is ranked worse than
61.35% of 608 companies
in the Capital Markets industry
Industry Median: 0.38 vs IST:SKYMD: 0.60

Seker Yatirim Menkul Degerler AS Debt-to-Equity Historical Data

The historical data trend for Seker Yatirim Menkul Degerler 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.

Seker Yatirim Menkul Degerler AS Debt-to-Equity Chart

Seker Yatirim Menkul Degerler AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.70

1.87

1.21

0.60

Seker Yatirim Menkul Degerler AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	1.21	1.10	1.20	0.60

Competitive Comparison of Seker Yatirim Menkul Degerler AS's Debt-to-Equity

For the Capital Markets subindustry, Seker Yatirim Menkul Degerler 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.

Seker Yatirim Menkul Degerler AS's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Seker Yatirim Menkul Degerler AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Seker Yatirim Menkul Degerler AS's Debt-to-Equity falls into.

Seker Yatirim Menkul Degerler AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seker Yatirim Menkul Degerler 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
	=	(465.745	+	0.334)	/	781.513
	=	0.60

Seker Yatirim Menkul Degerler 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
	=	(465.745	+	0.334)	/	781.513
	=	0.60

Seker Yatirim Menkul Degerler AS (IST:SKYMD) 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.

Seker Yatirim Menkul Degerler AS Debt-to-Equity Related Terms

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Seker Yatirim Menkul Degerler AS (IST:SKYMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Seker Yatirim Menkul Degerler AS (IST:SKYMD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Cad. No:171, Metrocity A Blok Kat:4-5 Esentepe, Sisli, Istanbul, TUR

Website

https://www.sekeryatirim.com.tr

Seker Yatirim Menkul Degerler AS is an investment company which offers serves as an broad authorized Intermediary Institution such as Trading Intermediary Operations, Portfolio Intermediary Operations, Individual Portfolio Management Activities, Investment Advisory, and IPO Intermediary through underwriting, Limited and General Custody Services.

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