Lider Faktoring AS (IST:LIDFA) Debt-to-Equity : 2.78 (As of Mar. 2024)

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What is Lider Faktoring AS Debt-to-Equity?

Lider Faktoring AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0 Mil. Lider Faktoring AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺3,581 Mil. Lider Faktoring AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺1,290 Mil. Lider Faktoring AS's debt to equity for the quarter that ended in Mar. 2024 was 2.78.

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

IST:LIDFA' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.74 Med: 4.59 Max: 8.69
Current: 2.74

During the past 7 years, the highest Debt-to-Equity Ratio of Lider Faktoring AS was 8.69. The lowest was 2.74. And the median was 4.59.

IST:LIDFA's Debt-to-Equity is ranked worse than
71.76% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs IST:LIDFA: 2.74

Lider Faktoring AS Debt-to-Equity Historical Data

The historical data trend for Lider Faktoring 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.

Lider Faktoring AS Debt-to-Equity Chart

Lider Faktoring AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.60

4.28

4.59

3.34

2.74

Lider Faktoring AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.98	2.63	2.44	2.74	2.78

Competitive Comparison of Lider Faktoring AS's Debt-to-Equity

For the Credit Services subindustry, Lider Faktoring 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.

Lider Faktoring AS's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Lider Faktoring AS's Debt-to-Equity distribution charts can be found below:

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

Lider Faktoring AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lider Faktoring AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(0	+	3036.772)	/	1109.748
	=	2.74

Lider Faktoring AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	3580.917)	/	1289.575
	=	2.78

Lider Faktoring AS (IST:LIDFA) 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.

Lider Faktoring AS Debt-to-Equity Related Terms

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Lider Faktoring AS (IST:LIDFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lider Faktoring AS (IST:LIDFA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Street, Maya Akar Center 100-102, K 25 No 96-97, Istanbul, TUR, 34394

Website

http://www.liderfaktoring.com.tr

Lider Faktoring AS provides factoring services to industrial and commercial firms in Turkey. The services provided by Lider Factoring are Collection Management service which transfers customer receivables in the collection management service to Lider Factoring through assignment and Cash Management (Finance) service which offers cash financing services to its customers through cash management services.

Lider Faktoring AS (IST:LIDFA) Headlines

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