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Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Liabilities-to-Assets : 0.56 (As of Dec. 2023)


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What is Ofis Yem Gidanayi ve Ticaret AS Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ofis Yem Gidanayi ve Ticaret AS's Total Liabilities for the quarter that ended in Dec. 2023 was ₺2,245 Mil. Ofis Yem Gidanayi ve Ticaret AS's Total Assets for the quarter that ended in Dec. 2023 was ₺4,040 Mil. Therefore, Ofis Yem Gidanayi ve Ticaret AS's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.56.


Ofis Yem Gidanayi ve Ticaret AS Liabilities-to-Assets Historical Data

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

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Ofis Yem Gidanayi ve Ticaret AS Liabilities-to-Assets Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.72 0.73 0.73 0.56

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.73 0.76 0.59 0.56

Competitive Comparison of Ofis Yem Gidanayi ve Ticaret AS's Liabilities-to-Assets

For the Packaged Foods subindustry, Ofis Yem Gidanayi ve Ticaret AS's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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



Ofis Yem Gidanayi ve Ticaret AS Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Ofis Yem Gidanayi ve Ticaret AS's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2245.195/4039.749
=0.56

Ofis Yem Gidanayi ve Ticaret AS's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=2245.195/4039.749
=0.56

* 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.


Ofis Yem Gidanayi ve Ticaret AS  (IST:OFSYM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Ofis Yem Gidanayi ve Ticaret AS Liabilities-to-Assets Related Terms

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

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
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

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