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Altin Yunus Cesme AS (IST:AYCES) Debt-to-Equity : 0.01 (As of Dec. 2023)


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What is Altin Yunus Cesme AS Debt-to-Equity?

Altin Yunus Cesme AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺2.1 Mil. Altin Yunus Cesme AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺23.2 Mil. Altin Yunus Cesme AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺2,392.3 Mil. Altin Yunus Cesme AS's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Altin Yunus Cesme AS's Debt-to-Equity or its related term are showing as below:

IST:AYCES' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.14
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Altin Yunus Cesme AS was 0.14. The lowest was 0.01. And the median was 0.07.

IST:AYCES's Debt-to-Equity is ranked better than
99.86% of 690 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs IST:AYCES: 0.01

Altin Yunus Cesme AS Debt-to-Equity Historical Data

The historical data trend for Altin Yunus Cesme 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.

Altin Yunus Cesme AS Debt-to-Equity Chart

Altin Yunus Cesme 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 0.08 0.09 0.03 0.01 0.01

Altin Yunus Cesme 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 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Altin Yunus Cesme AS's Debt-to-Equity

For the Resorts & Casinos subindustry, Altin Yunus Cesme 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.


Altin Yunus Cesme AS's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Altin Yunus Cesme AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Altin Yunus Cesme AS's Debt-to-Equity falls into.



Altin Yunus Cesme AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Altin Yunus Cesme AS's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Altin Yunus Cesme AS  (IST:AYCES) 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.


Altin Yunus Cesme AS Debt-to-Equity Related Terms

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Altin Yunus Cesme AS (IST:AYCES) Business Description

Traded in Other Exchanges
N/A
Address
No. 120/101 Konak, Akdeniz Mah. sehit Fethi Bey Caddesi, Izmir, TUR
Altin Yunus Cesme AS operates as a resort. It provides various hotel facilities such as tennis courts, outdoor and indoor swimming pools, a surf club, a diving school, beach volleyball, basketball, mini football and a movie theatre.

Altin Yunus Cesme AS (IST:AYCES) Headlines

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