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Izmir Demir Celiknayi AS (IST:IZMDC) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Izmir Demir Celiknayi AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Izmir Demir Celiknayi AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺16,498 Mil. Izmir Demir Celiknayi AS's Total Assets for the quarter that ended in Mar. 2024 was ₺39,066 Mil. Therefore, Izmir Demir Celiknayi AS's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

The historical rank and industry rank for Izmir Demir Celiknayi AS's Equity-to-Asset or its related term are showing as below:

IST:IZMDC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.15   Max: 0.46
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Izmir Demir Celiknayi AS was 0.46. The lowest was -0.09. And the median was 0.15.

IST:IZMDC's Equity-to-Asset is ranked worse than
68.09% of 633 companies
in the Steel industry
Industry Median: 0.53 vs IST:IZMDC: 0.42

Izmir Demir Celiknayi AS Equity-to-Asset Historical Data

The historical data trend for Izmir Demir Celiknayi AS's Equity-to-Asset 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.

Izmir Demir Celiknayi AS Equity-to-Asset Chart

Izmir Demir Celiknayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.09 0.10 0.38 0.46

Izmir Demir Celiknayi AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.22 0.09 0.18 0.46 0.42

Competitive Comparison of Izmir Demir Celiknayi AS's Equity-to-Asset

For the Steel subindustry, Izmir Demir Celiknayi AS's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Izmir Demir Celiknayi AS's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Izmir Demir Celiknayi AS's Equity-to-Asset falls into.



Izmir Demir Celiknayi AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Izmir Demir Celiknayi AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=15348.031/33439.7
=0.46

Izmir Demir Celiknayi AS's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=16497.539/39066.437
=0.42

* 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.


Izmir Demir Celiknayi AS  (IST:IZMDC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Izmir Demir Celiknayi AS Equity-to-Asset Related Terms

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


Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Traded in Other Exchanges
N/A
Address
?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

Izmir Demir Celiknayi AS (IST:IZMDC) Headlines

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