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Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Debt-to-Equity : 1.02 (As of Sep. 2023)


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What is Sekuro Plastik Ambalajnayi AS Debt-to-Equity?

Sekuro Plastik Ambalajnayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺163.7 Mil. Sekuro Plastik Ambalajnayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺96.7 Mil. Sekuro Plastik Ambalajnayi AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺255.3 Mil. Sekuro Plastik Ambalajnayi AS's debt to equity for the quarter that ended in Sep. 2023 was 1.02.

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 Sekuro Plastik Ambalajnayi AS's Debt-to-Equity or its related term are showing as below:

IST:SEKUR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.79   Med: 1.08   Max: 2.23
Current: 1.02

During the past 9 years, the highest Debt-to-Equity Ratio of Sekuro Plastik Ambalajnayi AS was 2.23. The lowest was 0.79. And the median was 1.08.

IST:SEKUR's Debt-to-Equity is ranked worse than
81.61% of 348 companies
in the Packaging & Containers industry
Industry Median: 0.45 vs IST:SEKUR: 1.02

Sekuro Plastik Ambalajnayi AS Debt-to-Equity Historical Data

The historical data trend for Sekuro Plastik 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.

Sekuro Plastik Ambalajnayi AS Debt-to-Equity Chart

Sekuro Plastik Ambalajnayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.07 0.97 0.87 1.07 1.23

Sekuro Plastik Ambalajnayi 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 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 0.90 1.23 1.01 0.83 1.02

Competitive Comparison of Sekuro Plastik Ambalajnayi AS's Debt-to-Equity

For the Packaging & Containers subindustry, Sekuro Plastik 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.


Sekuro Plastik Ambalajnayi AS's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sekuro Plastik Ambalajnayi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sekuro Plastik Ambalajnayi AS's Debt-to-Equity falls into.



Sekuro Plastik Ambalajnayi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sekuro Plastik Ambalajnayi AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Sekuro Plastik Ambalajnayi AS's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Sekuro Plastik Ambalajnayi AS  (IST:SEKUR) 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.


Sekuro Plastik Ambalajnayi AS Debt-to-Equity Related Terms

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Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Business Description

Traded in Other Exchanges
N/A
Address
Ekinciler Cad. Elbistan Sok., Sas Plaza No: 10 Kat: 3 D: 9, Kavac?k-Beykoz, Istanbul, TUR
Sekuro Plastik Ambalaj Sanayi A.S. is engaged in the manufacturing of food packaging products. The company's products include Bubble package, Plain PE film and Lamination PE film.

Sekuro Plastik Ambalajnayi AS (IST:SEKUR) Headlines

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