Smartiks Yazilim AS (IST:SMART) Debt-to-Equity : 0.12 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Smartiks Yazilim AS Debt-to-Equity?

Smartiks Yazilim AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺27.1 Mil. Smartiks Yazilim AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1.2 Mil. Smartiks Yazilim AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺230.6 Mil. Smartiks Yazilim AS's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

IST:SMART' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 0.37
Current: 0.15

During the past 8 years, the highest Debt-to-Equity Ratio of Smartiks Yazilim AS was 0.37. The lowest was 0.05. And the median was 0.15.

IST:SMART's Debt-to-Equity is ranked better than
56.61% of 2201 companies
in the Software industry
Industry Median: 0.2 vs IST:SMART: 0.15

Smartiks Yazilim AS Debt-to-Equity Historical Data

The historical data trend for Smartiks 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.

* Premium members only.

Smartiks Yazilim AS Debt-to-Equity Chart

Smartiks Yazilim AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.10

0.15

0.12

Smartiks Yazilim AS Quarterly Data
	Dec18	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															0.15	0.19	0.15	0.15	0.12

Competitive Comparison of Smartiks Yazilim AS's Debt-to-Equity

For the Software - Infrastructure subindustry, Smartiks 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.

Smartiks Yazilim AS's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Smartiks Yazilim AS's Debt-to-Equity distribution charts can be found below:

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

Smartiks Yazilim AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Smartiks Yazilim 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
	=	(27.135	+	1.237)	/	230.647
	=	0.12

Smartiks Yazilim 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
	=	(27.135	+	1.237)	/	230.647
	=	0.12

Smartiks Yazilim AS (IST:SMART) 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.

Smartiks Yazilim AS Debt-to-Equity Related Terms

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

Smartiks Yazilim AS (IST:SMART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartiks Yazilim AS (IST:SMART) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Y?ld?z Teknik Universitesi, Davutpasa Kampusu Teknopark, D2 Blok No Z06, Esenler, Istanbul, TUR

Website

https://www.smartiks.com.tr

Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors.

Smartiks Yazilim AS (IST:SMART) Headlines

No Headlines