Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Debt-to-Equity : 0.25 (As of Dec. 2023)

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What is Pinar Su Ve Iceceknayi Ve Ticaret AS Debt-to-Equity?

Pinar Su Ve Iceceknayi Ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺245 Mil. Pinar Su Ve Iceceknayi Ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺32 Mil. Pinar Su Ve Iceceknayi Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺1,121 Mil. Pinar Su Ve Iceceknayi Ve Ticaret AS's debt to equity for the quarter that ended in Dec. 2023 was 0.25.

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 Pinar Su Ve Iceceknayi Ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:PINSU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 1.2 Max: 3.62
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Pinar Su Ve Iceceknayi Ve Ticaret AS was 3.62. The lowest was 0.25. And the median was 1.20.

IST:PINSU's Debt-to-Equity is ranked better than
52.81% of 89 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.29 vs IST:PINSU: 0.25

Pinar Su Ve Iceceknayi Ve Ticaret AS Debt-to-Equity Historical Data

The historical data trend for Pinar Su Ve Iceceknayi 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.

Pinar Su Ve Iceceknayi Ve Ticaret AS Debt-to-Equity Chart

Pinar Su Ve Iceceknayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.62

2.77

1.10

0.49

0.25

Pinar Su Ve Iceceknayi 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															0.49	0.86	0.89	0.75	0.25

Competitive Comparison of Pinar Su Ve Iceceknayi Ve Ticaret AS's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Pinar Su Ve Iceceknayi 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.

Pinar Su Ve Iceceknayi Ve Ticaret AS's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Pinar Su Ve Iceceknayi Ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pinar Su Ve Iceceknayi Ve Ticaret AS's Debt-to-Equity falls into.

Pinar Su Ve Iceceknayi Ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinar Su Ve Iceceknayi 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
	=	(244.726	+	32.125)	/	1121.025
	=	0.25

Pinar Su Ve Iceceknayi 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
	=	(244.726	+	32.125)	/	1121.025
	=	0.25

Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) 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.

Pinar Su Ve Iceceknayi Ve Ticaret AS Debt-to-Equity Related Terms

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

Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Pinar Su Ve Icecek Sanayi Ve Ticaret AS (IST:PINSU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kemalpasa Cad. No: 262, Pinarbasi, Izmir, TUR, 35060

Website

http://www.pinarsu.com.tr

Pinar Su Ve Icecek Sanayi Ve Ticaret AS is engaged in bottling & distribution of fresh spring water under Pinar Yasam Pinarim brand. It offers its products in a plastic bottle from 0.5 liters to 19 liters, glass bottles from 0.5 & 0.75 liters in turkey. Its products include packaged water, flavoured mineral water, and lemonade.

Pinar Su Ve Iceceknayi Ve Ticaret AS (IST:PINSU) Headlines

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