Pinar Entegre ET ve Unnayi AS (IST:PETUN) Debt-to-Equity : 0.20 (As of Sep. 2023)

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What is Pinar Entegre ET ve Unnayi AS Debt-to-Equity?

Pinar Entegre ET ve Unnayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺567 Mil. Pinar Entegre ET ve Unnayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺13 Mil. Pinar Entegre ET ve Unnayi AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺2,913 Mil. Pinar Entegre ET ve Unnayi AS's debt to equity for the quarter that ended in Sep. 2023 was 0.20.

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 Pinar Entegre ET ve Unnayi AS's Debt-to-Equity or its related term are showing as below:

IST:PETUN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.3
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Pinar Entegre ET ve Unnayi AS was 0.30. The lowest was 0.00. And the median was 0.01.

IST:PETUN's Debt-to-Equity is ranked better than
68.1% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs IST:PETUN: 0.20

Pinar Entegre ET ve Unnayi AS Debt-to-Equity Historical Data

The historical data trend for Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi AS Debt-to-Equity Chart

Pinar Entegre ET ve Unnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

0.11

0.13

0.14

Pinar Entegre ET ve Unnayi AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.30	0.14	0.16	0.20	0.20

Competitive Comparison of Pinar Entegre ET ve Unnayi AS's Debt-to-Equity

For the Packaged Foods subindustry, Pinar Entegre ET ve Unnayi 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.

Pinar Entegre ET ve Unnayi AS's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Entegre ET ve Unnayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pinar Entegre ET ve Unnayi AS's Debt-to-Equity falls into.

Pinar Entegre ET ve Unnayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinar Entegre ET ve Unnayi 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
	=	(401.929	+	20.516)	/	2980.561
	=	0.14

Pinar Entegre ET ve Unnayi AS's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(566.986	+	12.865)	/	2913.113
	=	0.20

Pinar Entegre ET ve Unnayi AS (IST:PETUN) 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.

Pinar Entegre ET ve Unnayi AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Pinar Entegre ET ve Unnayi AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Pinar Entegre ET ve Unnayi AS (IST:PETUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pinar Entegre ET ve Un Sanayi AS (IST:PETUN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara Asfalt? 25. Km, Kemalpasa, ?zmir, TUR, 35170

Website

http://www.pinar.com.tr

Pinar Entegre ET ve Un Sanayi AS is engaged in the production of meat and by-products of cattle, sheep, poultry and fish, frozen dough and packaged food. Its brand profile includes Pinar Kido, Pinar Çocuk, Pinar Doyum, Pinar Breakfast Pleasure, Pinar Pizzatto, Pinar Go, Pinar Classic, Pinar Grill Fun and others. Along with it the company also focuses on education, sports, and art.

Pinar Entegre ET ve Unnayi AS (IST:PETUN) Headlines

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