Arsan Tekstil Ticaret venayi AS (IST:ARSAN) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Arsan Tekstil Ticaret venayi AS Debt-to-Equity?

Arsan Tekstil Ticaret venayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺134.1 Mil. Arsan Tekstil Ticaret venayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺11.6 Mil. Arsan Tekstil Ticaret venayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺4,140.3 Mil. Arsan Tekstil Ticaret venayi AS's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Arsan Tekstil Ticaret venayi AS's Debt-to-Equity or its related term are showing as below:

IST:ARSAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: 0.61
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Arsan Tekstil Ticaret venayi AS was 0.61. The lowest was 0.01. And the median was 0.29.

IST:ARSAN's Debt-to-Equity is ranked better than
91.09% of 932 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.43 vs IST:ARSAN: 0.04

Arsan Tekstil Ticaret venayi AS Debt-to-Equity Historical Data

The historical data trend for Arsan Tekstil Ticaret venayi 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.

Arsan Tekstil Ticaret venayi AS Debt-to-Equity Chart

Arsan Tekstil Ticaret venayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.19

0.09

0.04

Arsan Tekstil Ticaret venayi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.11	0.09	0.07	0.04

Competitive Comparison of Arsan Tekstil Ticaret venayi AS's Debt-to-Equity

For the Textile Manufacturing subindustry, Arsan Tekstil Ticaret venayi 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.

Arsan Tekstil Ticaret venayi AS's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arsan Tekstil Ticaret venayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arsan Tekstil Ticaret venayi AS's Debt-to-Equity falls into.

Arsan Tekstil Ticaret venayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arsan Tekstil Ticaret venayi 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
	=	(134.127	+	11.629)	/	4140.266
	=	0.04

Arsan Tekstil Ticaret venayi AS's Debt to Equity Ratio for the quarter 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
	=	(134.127	+	11.629)	/	4140.266
	=	0.04

Arsan Tekstil Ticaret venayi AS (IST:ARSAN) 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.

Arsan Tekstil Ticaret venayi AS Debt-to-Equity Related Terms

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Arsan Tekstil Ticaret venayi AS (IST:ARSAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arsan Tekstil Ticaret ve Sanayi AS (IST:ARSAN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Fatih Cad. High Sk. No. 15, Merter, Istanbul, TUR

Website

http://www.arsantextile.com

Arsan Tekstil Ticaret ve Sanayi AS is a Turkey-based company involved in the business of textiles. It produces Carded ring and combed yarns of 100 cotton, 100% acrylic, cotton/acrylic, cotton/polyester, cotton/viscose, cotton/nylon blends and corespun, compact and regenerated fiber yarns. The company also produces Shirtings, Knitted Fabrics, and Woven Fabrics.

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