Coca Cola Icecek AS (IST:CCOLA) Debt-to-Equity : 0.94 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Coca Cola Icecek AS Debt-to-Equity?

Coca Cola Icecek AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺18,063 Mil. Coca Cola Icecek AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺18,976 Mil. Coca Cola Icecek AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺39,287 Mil. Coca Cola Icecek AS's debt to equity for the quarter that ended in Dec. 2023 was 0.94.

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 Coca Cola Icecek AS's Debt-to-Equity or its related term are showing as below:

IST:CCOLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 0.88 Max: 1.3
Current: 0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Coca Cola Icecek AS was 1.30. The lowest was 0.72. And the median was 0.88.

IST:CCOLA's Debt-to-Equity is ranked worse than
77.17% of 92 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.295 vs IST:CCOLA: 0.94

Coca Cola Icecek AS Debt-to-Equity Historical Data

The historical data trend for Coca Cola Icecek 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.

Coca Cola Icecek AS Debt-to-Equity Chart

Coca Cola Icecek AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.84

0.80

0.72

0.84

0.94

Coca Cola Icecek 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															0.84	1.09	1.14	0.95	0.94

Competitive Comparison of Coca Cola Icecek AS's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Coca Cola Icecek 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.

Coca Cola Icecek AS's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca Cola Icecek AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Coca Cola Icecek AS's Debt-to-Equity falls into.

Coca Cola Icecek AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coca Cola Icecek 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
	=	(18063.328	+	18976.256)	/	39286.59
	=	0.94

Coca Cola Icecek 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
	=	(18063.328	+	18976.256)	/	39286.59
	=	0.94

Coca Cola Icecek AS (IST:CCOLA) 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.

Coca Cola Icecek AS Debt-to-Equity Related Terms

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

Coca Cola Icecek AS (IST:CCOLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca Cola Icecek AS (IST:CCOLA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COLZF:USA

Address

OSB Mahallesi Deniz Feneri Sokak, No: 4 Dudullu - Umraniye, Istanbul, TUR, 34776

Website

https://www.cci.com.tr

Coca Cola Icecek AS is the exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. Coca-Cola's brands include Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey. The controlling shareholder of the company is Anadolu Efes Biracilik ve Malt Sanayi.

Coca Cola Icecek AS (IST:CCOLA) Headlines

No Headlines