Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Debt-to-Equity : 0.45 (As of Dec. 2022)

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What is Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Debt-to-Equity?

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺869 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺25 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₺1,996 Mil. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's debt to equity for the quarter that ended in Dec. 2022 was 0.45.

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 Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity or its related term are showing as below:

IST:MNDTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.45 Max: 0.63
Current: 0.45

During the past 10 years, the highest Debt-to-Equity Ratio of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS was 0.63. The lowest was 0.42. And the median was 0.45.

IST:MNDTR's Debt-to-Equity is ranked better than
50.44% of 343 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs IST:MNDTR: 0.45

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Debt-to-Equity Historical Data

The historical data trend for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Debt-to-Equity Chart

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec21

Dec22

Debt-to-Equity

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0.51

0.50

0.63

0.42

0.45

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec21	Dec22
Debt-to-Equity	Get a 7-Day Free Trial					0.51	0.50	0.63	0.42	0.45

Competitive Comparison of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity

For the Packaging & Containers subindustry, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity falls into.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(869.414	+	25.037)	/	1995.669
	=	0.45

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(869.414	+	25.037)	/	1995.669
	=	0.45

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) 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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS (IST:MNDTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yolu Uzeri No:28, Toki Mahallesi, Odemis, Tire, Izmir, TUR, 35900

Website

https://www.mondigroup.com.tr

Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS is engaged in the supply of paper and its packaging with operations across different countries. The company has experience in packaging design and print/materials choice.

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