• Turkcell Iletisim Hizmetleri AS average debt/equity ratio for 2023 was 1.09, a 9.17% decline from 2022.
• Turkcell Iletisim Hizmetleri AS average debt/equity ratio for 2022 was 1.2, a 33.33% decline from 2021.
• Turkcell Iletisim Hizmetleri AS average debt/equity ratio for 2021 was 0.9, a 15.38% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.