Trakya Camnayii AS (Trakya Camnayii AS) Debt-to-Equity : 0.77 (As of Dec. 2020)

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What is Trakya Camnayii AS Debt-to-Equity?

Trakya Camnayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $603.05 Mil. Trakya Camnayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $1,619.78 Mil. Trakya Camnayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $2,877.93 Mil. Trakya Camnayii AS's debt to equity for the quarter that ended in Dec. 2020 was 0.77.

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

TRKCY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.53 Max: 1
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Trakya Camnayii AS was 1.00. The lowest was 0.03. And the median was 0.53.

TRKCY's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.36 vs TRKCY: 0.77

Trakya Camnayii AS Debt-to-Equity Historical Data

The historical data trend for Trakya Camnayii 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.

Trakya Camnayii AS Debt-to-Equity Chart

Trakya Camnayii AS Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.72

0.65

0.63

1.00

0.77

Trakya Camnayii AS Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Debt-to-Equity	Get a 7-Day Free Trial															1.00	1.04	0.96	0.84	0.77

Competitive Comparison of Trakya Camnayii AS's Debt-to-Equity

For the Specialty Chemicals subindustry, Trakya Camnayii 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.

Trakya Camnayii AS's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Trakya Camnayii AS's Debt-to-Equity distribution charts can be found below:

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

Trakya Camnayii AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trakya Camnayii AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(603.048	+	1619.775)	/	2877.933
	=	0.77

Trakya Camnayii AS's Debt to Equity Ratio for the quarter that ended in Dec. 2020 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
	=	(603.048	+	1619.775)	/	2877.933
	=	0.77

Trakya Camnayii AS (GREY:TRKCY) 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.

Trakya Camnayii AS Debt-to-Equity Related Terms

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Trakya Camnayii AS (Trakya Camnayii AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trakya Cam Sanayii AS (GREY:TRKCY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44A, Tuzla, Istanbul, TUR, 34947

Website

http://www.sisecamduzcam.com

Trakya Cam Sanayii AS is a building materials company engaged in glass manufacturing. The company creates glass products that include solar glass, automobile glass, home appliance glass, and architectural glass. Trakya's solar glass is utilized for photovoltaics and thermal collectors, while its home appliance glass segment is used in ovens and refrigerators. The company's architectural glass segment is used in retail stores, high-rise buildings, and airports. These core offering are supplemented by other products, such as energy efficient glass, which utilizes heat controlled insulation. The company generates the majority of its revenue in Turkey.

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