Turkiye Kalkinma Bankasi AS (IST:KLNMA) Debt-to-Equity : 8.96 (As of Mar. 2024)

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

Turkiye Kalkinma Bankasi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0 Mil. Turkiye Kalkinma Bankasi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺106,659 Mil. Turkiye Kalkinma Bankasi AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₺11,910 Mil. Turkiye Kalkinma Bankasi AS's debt to equity for the quarter that ended in Mar. 2024 was 8.96.

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

IST:KLNMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 4.42 Med: 7.11 Max: 11.34
Current: 8.96

During the past 13 years, the highest Debt-to-Equity Ratio of Turkiye Kalkinma Bankasi AS was 11.34. The lowest was 4.42. And the median was 7.11.

IST:KLNMA's Debt-to-Equity is ranked worse than
98.64% of 1397 companies
in the Banks industry
Industry Median: 0.65 vs IST:KLNMA: 8.96

Turkiye Kalkinma Bankasi AS Debt-to-Equity Historical Data

The historical data trend for Turkiye Kalkinma 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 Kalkinma Bankasi AS Debt-to-Equity Chart

Turkiye Kalkinma Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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7.13

6.48

9.08

10.49

9.38

Turkiye Kalkinma 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															10.37	11.14	9.44	9.38	8.96

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

For the Banks - Regional subindustry, Turkiye Kalkinma 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 Kalkinma Bankasi AS's Debt-to-Equity Distribution in the Banks Industry

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

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

Turkiye Kalkinma Bankasi AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turkiye Kalkinma 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	+	102125.983)	/	10882.672
	=	9.38

Turkiye Kalkinma 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	+	106658.996)	/	11909.971
	=	8.96

Turkiye Kalkinma Bankasi AS (IST:KLNMA) 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 Kalkinma Bankasi AS Debt-to-Equity Related Terms

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Turkiye Kalkinma Bankasi AS (IST:KLNMA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Necatibey Caddesi No. 98, Kizilay, Ankara, TUR, 06100

Website

http://www.kalkinma.com.tr

Turkiye Kalkinma Bankasi AS is a Turkish banking service provider, which specializes in investment banking and financing activities primarily to the industrial, tourism and energy sectors. Under the investment banking division, the company provides places activities such as investment services, which cover treasury bills, repo, Kalkinma funds, money transfer, and apex banking activities. It also conducts certain activities under financing services such as Kalkinma working capital loan, World bank renewable energy and energy efficiency loan, European investment bank small and medium enterprises (SME) development loan, Islamic development bank investment loan and world bank SME-II Apex loan.

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