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TRKNY (Turk Telekomunikasyon AS) Debt-to-Equity : 0.53 (As of Sep. 2024)


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What is Turk Telekomunikasyon AS Debt-to-Equity?

Turk Telekomunikasyon AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $736 Mil. Turk Telekomunikasyon AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,371 Mil. Turk Telekomunikasyon AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $3,971 Mil. Turk Telekomunikasyon AS's debt to equity for the quarter that ended in Sep. 2024 was 0.53.

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

TRKNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53   Med: 2.33   Max: 4.73
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Turk Telekomunikasyon AS was 4.73. The lowest was 0.53. And the median was 2.33.

TRKNY's Debt-to-Equity is ranked better than
58.73% of 332 companies
in the Telecommunication Services industry
Industry Median: 0.675 vs TRKNY: 0.53

Turk Telekomunikasyon AS Debt-to-Equity Historical Data

The historical data trend for Turk Telekomunikasyon 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.

Turk Telekomunikasyon AS Debt-to-Equity Chart

Turk Telekomunikasyon 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 2.20 1.76 2.09 0.86 0.67

Turk Telekomunikasyon AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.92 0.67 0.65 0.55 0.53

Competitive Comparison of Turk Telekomunikasyon AS's Debt-to-Equity

For the Telecom Services subindustry, Turk Telekomunikasyon 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.


Turk Telekomunikasyon AS's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turk Telekomunikasyon AS's Debt-to-Equity distribution charts can be found below:

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



Turk Telekomunikasyon AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turk Telekomunikasyon AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Turk Telekomunikasyon AS's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Turk Telekomunikasyon AS  (OTCPK:TRKNY) 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.


Turk Telekomunikasyon AS Debt-to-Equity Related Terms

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Turk Telekomunikasyon AS Business Description

Traded in Other Exchanges
Address
Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103
Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. From a product perspective, revenue comes from mobile and broadband products, which are typically offered on a subscription basis. Within mobile, however, there is roughly an even split between postpaid and prepaid customers. Additionally, Turk Telekomunikasyon owns mobile and fiber infrastructure. The company generates the vast majority of its revenue in Turkey. The Group has two main segments; fixed line and mobile. Fixed line services are provided by Turk Telekom, TTNet, Argela, Innova, Sebit, AssisTT, TTES, TT Venture, TT Destek Hizmetleri and TTINT Group whereas mobile service is provided by TT Mobil.