Pinar Sut Mamullerinayii AS (IST:PNSUT) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Pinar Sut Mamullerinayii AS Debt-to-Equity?

Pinar Sut Mamullerinayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺2,726 Mil. Pinar Sut Mamullerinayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺25 Mil. Pinar Sut Mamullerinayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺6,702 Mil. Pinar Sut Mamullerinayii AS's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 Sut Mamullerinayii AS's Debt-to-Equity or its related term are showing as below:

IST:PNSUT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 0.41
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Pinar Sut Mamullerinayii AS was 0.41. The lowest was 0.02. And the median was 0.19.

IST:PNSUT's Debt-to-Equity is ranked worse than
50.24% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs IST:PNSUT: 0.41

Pinar Sut Mamullerinayii AS Debt-to-Equity Historical Data

The historical data trend for Pinar Sut Mamullerinayii 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 Sut Mamullerinayii AS Debt-to-Equity Chart

Pinar Sut Mamullerinayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.29

0.26

0.31

0.41

Pinar Sut Mamullerinayii 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															0.31	0.47	0.53	0.59	0.41

Competitive Comparison of Pinar Sut Mamullerinayii AS's Debt-to-Equity

For the Packaged Foods subindustry, Pinar Sut Mamullerinayii 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 Sut Mamullerinayii AS's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Pinar Sut Mamullerinayii AS's Debt-to-Equity falls into.

Pinar Sut Mamullerinayii AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinar Sut Mamullerinayii 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
	=	(2725.88	+	25.429)	/	6702.143
	=	0.41

Pinar Sut Mamullerinayii 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
	=	(2725.88	+	25.429)	/	6702.143
	=	0.41

Pinar Sut Mamullerinayii AS (IST:PNSUT) 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 Sut Mamullerinayii AS Debt-to-Equity Related Terms

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

Pinar Sut Mamullerinayii AS (IST:PNSUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pinar Sut Mamulleri Sanayii AS (IST:PNSUT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kemalpasa Caddesi No. 317, Yunus Emre Mahallesi, Bornova, Izmir, TUR, 35060

Website

http://www.pinar.com.tr

Pinar Sut Mamulleri Sanayii AS is a Turkey-based company that operates in the packaged food business. The activities of the groups include processing, production, and sale of milk, dairy products, sauces, fruit juice, and powder products. It operates through the Labne, Klasik, Mangal Keyfi, Solen, Cocuk, Kido, and other brands. Geographically activities are conducted through the region of Turkey.

Pinar Sut Mamullerinayii AS (IST:PNSUT) Headlines

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