Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is Baticim Bati Anadolu Cimentonayii AS Debt-to-Equity?

Baticim Bati Anadolu Cimentonayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,392 Mil. Baticim Bati Anadolu Cimentonayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺3,369 Mil. Baticim Bati Anadolu Cimentonayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺11,055 Mil. Baticim Bati Anadolu Cimentonayii AS's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity or its related term are showing as below:

IST:BTCIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 1.14 Max: 5.11
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Baticim Bati Anadolu Cimentonayii AS was 5.11. The lowest was 0.35. And the median was 1.14.

IST:BTCIM's Debt-to-Equity is ranked worse than
56.06% of 355 companies
in the Building Materials industry
Industry Median: 0.38 vs IST:BTCIM: 0.43

Baticim Bati Anadolu Cimentonayii AS Debt-to-Equity Historical Data

The historical data trend for Baticim Bati Anadolu Cimentonayii 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.

Baticim Bati Anadolu Cimentonayii AS Debt-to-Equity Chart

Baticim Bati Anadolu Cimentonayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.12

5.11

2.29

0.72

0.43

Baticim Bati Anadolu Cimentonayii 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															0.72	1.99	3.23	4.00	0.43

Competitive Comparison of Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity

For the Building Materials subindustry, Baticim Bati Anadolu Cimentonayii 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.

Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity falls into.

Baticim Bati Anadolu Cimentonayii AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baticim Bati Anadolu Cimentonayii 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
	=	(1391.729	+	3369.29)	/	11054.788
	=	0.43

Baticim Bati Anadolu Cimentonayii 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
	=	(1391.729	+	3369.29)	/	11054.788
	=	0.43

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) 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.

Baticim Bati Anadolu Cimentonayii AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Baticim Bati Anadolu Cimentonayii AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Baticim Bati Anadolu Cimento Sanayii AS (IST:BTCIM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara Caddesi No:335, Bornova, Izmir, TUR, 35050

Website

http://www.baticim.com.tr

Baticim Bati Anadolu Cimento Sanayii AS is engaged in the production and marketing of cement, ready-mixed concrete, gravel, and cement clinker. Its products and services include concrete, aggregates, and logistics. Its cement product comprises of Portland cement, Portland composite cement; concrete, comprising standard and special concrete. Further, it offers logistics services, such as marine cargo handling and harbor operations management.

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Headlines

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