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Turcas Holding ASIST:TRCAS -1.46%20 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates IST:TRCAS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 394 Utilities - Independent Power Producers companies, Turcas Holding AS ranks worse than 253806.85% on this metric.
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 Turcas Holding AS's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Turcas Holding AS was 4.23. The lowest was 0.01. And the median was 0.95.
IST:TRCAS's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.845 * Ranked among companies with meaningful Debt-to-Equity only.
Turcas Holding AS (IST:TRCAS) Debt-to-Equity Explanation
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.
Turcas Holding AS Debt-to-Equity Related Terms
Turcas Holding AS Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Turcas 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.
IST:TRCAS vs CEG, VST, NRG: Debt-to-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Turcas 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.
Turcas Holding AS Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Turcas Holding AS's Debt-to-Equity falls into.
* 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.
Turcas Holding AS (IST:TRCAS) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Turcas Holding AS and its competitors. Over the past decade, Turcas Holding AS's Debt-to-Equity has ranged from 0.01 to 4.23. According to the industry distribution chart, Turcas Holding AS ranks #999999 out of 394 companies in the Utilities - Independent Power Producers industry.
Is Turcas Holding AS's Debt-to-Equity too high?
Turcas Holding AS's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 4.23. Based on the distribution chart, Turcas Holding AS ranks #999999 out of 394 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Turcas Holding AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Debt-to-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Turcas Holding AS ranks #999999 out of 394 companies for Debt-to-Equity. This places Turcas Holding AS in the lower half of its industry. The industry median Debt-to-Equity is 0.85. Historically, Turcas Holding AS's own Debt-to-Equity has ranged from 0.01 to 4.23 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 394 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Turcas Holding AS and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turcas Holding AS's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Turcas Holding AS's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Turcas Holding AS (IST:TRCAS), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
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