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Fonet Bilgi Teknolojileri AS (IST:FONET) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Fonet Bilgi Teknolojileri AS Debt-to-Equity?

Fonet Bilgi Teknolojileri AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺18.6 Mil. Fonet Bilgi Teknolojileri AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺4.3 Mil. Fonet Bilgi Teknolojileri AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺673.5 Mil. Fonet Bilgi Teknolojileri AS's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 Fonet Bilgi Teknolojileri AS's Debt-to-Equity or its related term are showing as below:

IST:FONET' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.73
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of Fonet Bilgi Teknolojileri AS was 0.73. The lowest was 0.01. And the median was 0.04.

IST:FONET's Debt-to-Equity is ranked better than
91.39% of 546 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs IST:FONET: 0.03

Fonet Bilgi Teknolojileri AS Debt-to-Equity Historical Data

The historical data trend for Fonet Bilgi Teknolojileri 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.

Fonet Bilgi Teknolojileri AS Debt-to-Equity Chart

Fonet Bilgi Teknolojileri 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 0.04 0.03 0.03 0.01 0.03

Fonet Bilgi Teknolojileri 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 0.02 0.02 0.03

Competitive Comparison of Fonet Bilgi Teknolojileri AS's Debt-to-Equity

For the Health Information Services subindustry, Fonet Bilgi Teknolojileri 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.


Fonet Bilgi Teknolojileri AS's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fonet Bilgi Teknolojileri AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fonet Bilgi Teknolojileri AS's Debt-to-Equity falls into.



Fonet Bilgi Teknolojileri AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fonet Bilgi Teknolojileri AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Fonet Bilgi Teknolojileri 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.


Fonet Bilgi Teknolojileri AS  (IST:FONET) 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.


Fonet Bilgi Teknolojileri AS Debt-to-Equity Related Terms

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


Fonet Bilgi Teknolojileri AS (IST:FONET) Business Description

Traded in Other Exchanges
N/A
Address
K?z?l?rmak Mahallesi 1445. Sokak No: 2B / 1, The Paragon Tower, Çankaya, Ankara, TUR
Fonet Bilgi Teknolojileri AS is engaged in providing software for the health care sector. It offers Hospital Information Management Systems, Laboratory Information Systems, software for archiving the medical images, and appointments.

Fonet Bilgi Teknolojileri AS (IST:FONET) Headlines

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