Ahmet Bastug - Izmir Demir Member of the Board

IZMDC Stock  TRY 5.29  0.03  0.57%   

Executive

Mr. Ahmet Bastug performs as Board Member of Izmir Demir Celik Sanayi A.S. He is also Vice Chairman of Izmaden Madencilik Sanayi ve Ticaret A.S. Board Member of Izdemir Enerji Elektrik Uretim A.S., Akdemir Celik Sanayi ve Ticaret A.S., IDC Liman Isletmeleri A.S., IDC Denizcilik Sanayi ve Ticaret A.S. and Sahin Komur Ticaret A.S., and Partner of Sahin Nakliyat Ticaret Ltd. Sti., Agora Sigorta Aracilik Hizmetleri Ltd. Sti. and Begonviller Turizm Yatcilik ve Ticaret Ltd. Sti. He previously acted as Board Member of Trakya Iplik Pazarlama A.S. since 2014.
Tenure 10 years
Phone90 232 441 50 50
Webhttps://www.izdemir.com.tr

Izmir Demir Management Efficiency

The company has return on total asset (ROA) of 0.2113 % which means that it generated a profit of $0.2113 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.256) %, meaning that it generated substantial loss on money invested by shareholders. Izmir Demir's management efficiency ratios could be used to measure how well Izmir Demir manages its routine affairs as well as how well it operates its assets and liabilities.
Izmir Demir Celik has accumulated 462.91 M in total debt with debt to equity ratio (D/E) of 2.51, implying the company greatly relies on financing operations through barrowing. Izmir Demir Celik has a current ratio of 0.69, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Izmir Demir until it has trouble settling it off, either with new capital or with free cash flow. So, Izmir Demir's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Izmir Demir Celik sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Izmir to invest in growth at high rates of return. When we think about Izmir Demir's use of debt, we should always consider it together with cash and equity.

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Izmir Demir elik Sanayi Anonim Sirketi, together with its subsidiaries, produces and sells steel in Turkey and internationally. Izmir Demir elik Sanayi Anonim Sirket is a subsidiary of Sahin Ko elik Sanayi A.S. IZMIR DEMIR operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 1794 people. Izmir Demir Celik (IZMDC) is traded on Istanbul Stock Exchange in Turkey and employs 1,921 people.

Management Performance

Izmir Demir Celik Leadership Team

Elected by the shareholders, the Izmir Demir's board of directors comprises two types of representatives: Izmir Demir inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Izmir. The board's role is to monitor Izmir Demir's management team and ensure that shareholders' interests are well served. Izmir Demir's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Izmir Demir's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ahmet Gokdemir, Independent Member of the Board
Nuri Sahin, Vice Chairman of the Board
Ahmet Bastug, Member of the Board
Huseyin Ozer, Independent Member of the Board
Feyyaz Yazar, Director Affairs
Halil Sahin, Chairman of the Board
Adil Koc, Member of the Board

Izmir Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Izmir Demir a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Information on Investing in Izmir Stock

Izmir Demir financial ratios help investors to determine whether Izmir Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Izmir with respect to the benefits of owning Izmir Demir security.