Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS (IST:ARZUM) Debt-to-Equity : 1.87 (As of Dec. 2023)

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What is Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Debt-to-Equity?

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺852 Mil. Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺27 Mil. Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺470 Mil. Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's debt to equity for the quarter that ended in Dec. 2023 was 1.87.

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 Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:ARZUM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.89 Max: 2.41
Current: 1.87

During the past 7 years, the highest Debt-to-Equity Ratio of Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS was 2.41. The lowest was 0.55. And the median was 0.89.

IST:ARZUM's Debt-to-Equity is ranked worse than
95.4% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs IST:ARZUM: 1.87

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Arzum Elektrikli Ev Aletlerinayi Ve Ticaret 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.

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Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Debt-to-Equity Chart

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.69

0.89

1.57

2.41

1.87

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Quarterly Data
	Dec17	Dec18	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															2.41	2.35	1.59	2.51	1.87

Competitive Comparison of Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity

For the Consumer Electronics subindustry, Arzum Elektrikli Ev Aletlerinayi Ve Ticaret 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.

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity falls into.

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret 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
	=	(852.07	+	27.243)	/	469.657
	=	1.87

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret 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
	=	(852.07	+	27.243)	/	469.657
	=	1.87

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS (IST:ARZUM) 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.

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Arzum Elektrikli Ev Aletlerinayi Ve Ticaret AS (IST:ARZUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arzum Elektrikli Ev Aletleri Sanayi Ve Ticaret AS (IST:ARZUM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otakcilar Caddesi No: 78, Kat: 1 B Blok No: B1B, Istanbul, TUR, 34050

Website

https://www.arzum.com.tr

Arzum Elektrikli Ev Aletleri Sanayi Ve Ticaret AS is a manufacturer and wholesale distributor of consumer appliances under the brand name ARZUM. The company's product includes electrical kitchen appliances, cooking utensils, personal care appliance and home appliances.

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