Turkiye Halk Bankasi AS (IST:HALKB) Debt-to-Equity : 1.51 (As of Mar. 2024)

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What is Turkiye Halk Bankasi AS Debt-to-Equity?

Turkiye Halk Bankasi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0 Mil. Turkiye Halk Bankasi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺219,272 Mil. Turkiye Halk Bankasi AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺145,727 Mil. Turkiye Halk Bankasi AS's debt to equity for the quarter that ended in Mar. 2024 was 1.50.

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 Turkiye Halk Bankasi AS's Debt-to-Equity or its related term are showing as below:

IST:HALKB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 2.61 Max: 4.31
Current: 1.51

During the past 13 years, the highest Debt-to-Equity Ratio of Turkiye Halk Bankasi AS was 4.31. The lowest was 0.81. And the median was 2.61.

IST:HALKB's Debt-to-Equity is ranked worse than
56.03% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs IST:HALKB: 1.51

Turkiye Halk Bankasi AS Debt-to-Equity Historical Data

The historical data trend for Turkiye Halk Bankasi 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.

Turkiye Halk Bankasi AS Debt-to-Equity Chart

Turkiye Halk Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.22

3.56

4.31

1.82

0.81

Turkiye Halk Bankasi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.13	1.87	1.64	0.81	1.51

Competitive Comparison of Turkiye Halk Bankasi AS's Debt-to-Equity

For the Banks - Regional subindustry, Turkiye Halk Bankasi 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.

Turkiye Halk Bankasi AS's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Turkiye Halk Bankasi AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Turkiye Halk Bankasi AS's Debt-to-Equity falls into.

Turkiye Halk Bankasi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turkiye Halk Bankasi 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
	=	(0	+	114228.648)	/	140843.994
	=	0.81

Turkiye Halk Bankasi AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	219272.316)	/	145727.103
	=	1.50

Turkiye Halk Bankasi AS (IST:HALKB) 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.

Turkiye Halk Bankasi AS Debt-to-Equity Related Terms

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Turkiye Halk Bankasi AS (IST:HALKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Halk Bankasi AS (IST:HALKB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barbaros Mahallesi, Sebboy Sokak No 4/1 34746, Atasehir, Istanbul, TUR, 34746

Website

http://www.halkbank.com.tr

Turkiye Halk Bankasi AS is a bank operating in Turkey. The bank's controlling shareholder is the Privatization Administration of Turkey, a government agency. Halkbank's strategic focus since its founding is customer service and small to midsize enterprise banking, with a significant portion of its total loan portfolio dedicated to this segment. Halkbank specifically offers loans and products tailored for SMEs. Net interest income constitutes a majority of the bank's net revenue, of which its SME segment is the majority contributor. A significant portion of its nonperforming loans come from the manufacturing industry.

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