Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Logo Yazilimnayi ve Ticaret AS Debt-to-Equity?

Logo Yazilimnayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺103 Mil. Logo Yazilimnayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺247 Mil. Logo Yazilimnayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺2,110 Mil. Logo Yazilimnayi ve Ticaret AS's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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 Logo Yazilimnayi ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:LOGO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.31 Max: 0.42
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Logo Yazilimnayi ve Ticaret AS was 0.42. The lowest was 0.02. And the median was 0.31.

IST:LOGO's Debt-to-Equity is ranked better than
54.63% of 2224 companies
in the Software industry
Industry Median: 0.21 vs IST:LOGO: 0.17

Logo Yazilimnayi ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Logo Yazilimnayi 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.

* Premium members only.

Logo Yazilimnayi ve Ticaret AS Debt-to-Equity Chart

Logo Yazilimnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.37

0.30

0.35

0.18

0.17

Logo Yazilimnayi ve Ticaret 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															0.18	0.24	0.29	0.25	0.17

Competitive Comparison of Logo Yazilimnayi ve Ticaret AS's Debt-to-Equity

For the Software - Application subindustry, Logo Yazilimnayi 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.

Logo Yazilimnayi ve Ticaret AS's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Logo Yazilimnayi ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Logo Yazilimnayi ve Ticaret AS's Debt-to-Equity falls into.

Logo Yazilimnayi ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Logo Yazilimnayi 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
	=	(102.611	+	246.883)	/	2110.141
	=	0.17

Logo Yazilimnayi 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
	=	(102.611	+	246.883)	/	2110.141
	=	0.17

Logo Yazilimnayi ve Ticaret AS (IST:LOGO) 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.

Logo Yazilimnayi ve Ticaret AS Debt-to-Equity Related Terms

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

Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Logo Yazilim Sanayi ve Ticaret AS (IST:LOGO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400

Website

https://www.logo.com.tr

Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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