Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Equity-to-Asset : 0.40 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Ofis Yem Gidanayi ve Ticaret AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ofis Yem Gidanayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺1,236 Mil. Ofis Yem Gidanayi ve Ticaret AS's Total Assets for the quarter that ended in Sep. 2023 was ₺3,123 Mil. Therefore, Ofis Yem Gidanayi ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.40.

The historical rank and industry rank for Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset or its related term are showing as below:

IST:OFSYM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.26 Max: 0.4
Current: 0.4

During the past 3 years, the highest Equity to Asset Ratio of Ofis Yem Gidanayi ve Ticaret AS was 0.40. The lowest was 0.23. And the median was 0.26.

IST:OFSYM's Equity-to-Asset is ranked worse than
68.82% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs IST:OFSYM: 0.40

Ofis Yem Gidanayi ve Ticaret AS Equity-to-Asset Historical Data

The historical data trend for Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset 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.

Ofis Yem Gidanayi ve Ticaret AS Equity-to-Asset Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.29

0.26

0.24

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	-	0.24	0.23	0.40

Competitive Comparison of Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset

For the Packaged Foods subindustry, Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ofis Yem Gidanayi ve Ticaret AS's Equity-to-Asset falls into.

Ofis Yem Gidanayi ve Ticaret AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ofis Yem Gidanayi ve Ticaret AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	610.762	/	2569.883
	=	0.24

Ofis Yem Gidanayi ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1236.019	/	3122.945
	=	0.40

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Ofis Yem Gidanayi ve Ticaret AS Equity-to-Asset Related Terms

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

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ofis Yem Gida Sanayi ve Ticaret AS (IST:OFSYM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustafa Kemal Mah. Dumlupinar,, Bulv. No:266, Number 15-16 06510, Tepe Prime Business Center Block C, Mezzanine Floor, Ankara District, Çankaya, TUR

Website

https://www.ofisyem.com.tr

Ofis Yem Gida Sanayi ve Ticaret AS operates in the Other Animal Food Manufacturing industry. The company's line of business includes the manufacturing of prepared feeds and feed ingredients for animals and fowls.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Headlines

No Headlines