GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (IST:VAKKO) » Definitions » Debt-to-Equity

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) Debt-to-Equity : 0.24 (As of Dec. 2023)


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What is Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Debt-to-Equity?

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺618 Mil. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺635 Mil. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺5,226 Mil. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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 Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity or its related term are showing as below:

IST:VAKKO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.75   Max: 1.44
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS was 1.44. The lowest was 0.24. And the median was 0.75.

IST:VAKKO's Debt-to-Equity is ranked better than
65.85% of 940 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs IST:VAKKO: 0.24

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Debt-to-Equity Historical Data

The historical data trend for Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Debt-to-Equity Chart

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.44 0.80 0.30 0.24

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.48 0.57 0.48 0.24

Competitive Comparison of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity

For the Apparel Manufacturing subindustry, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity falls into.



Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS  (IST:VAKKO) 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.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) Business Description

Traded in Other Exchanges
N/A
Address
Londra Asfalti Cirpici Cayiri Mevki, Merter, ISTANBUL, TUR
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS is engaged in textile manufacturing. The company sells men's wear, women's wear, bags, shoes and cosmetics.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) Headlines

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