Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) LT-Debt-to-Total-Asset : 0.60 (As of Nov. 2022)

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What is Galatasaray Sportif Sinai Veticari Yatirimlar AS LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Galatasaray Sportif Sinai Veticari Yatirimlar AS's long-term debt to total assests ratio for the quarter that ended in Nov. 2022 was 0.60.

Galatasaray Sportif Sinai Veticari Yatirimlar AS's long-term debt to total assets ratio declined from Aug. 2021 (0.86) to Nov. 2022 (0.60). It may suggest that Galatasaray Sportif Sinai Veticari Yatirimlar AS is progressively becoming less dependent on debt to grow their business.

Galatasaray Sportif Sinai Veticari Yatirimlar AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Galatasaray Sportif Sinai Veticari Yatirimlar AS's LT-Debt-to-Total-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.

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Galatasaray Sportif Sinai Veticari Yatirimlar AS LT-Debt-to-Total-Asset Chart

Galatasaray Sportif Sinai Veticari Yatirimlar AS Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

LT-Debt-to-Total-Asset

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0.12

0.19

0.61

0.99

0.73

Galatasaray Sportif Sinai Veticari Yatirimlar AS Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.86	0.78	0.74	0.73	0.60

Galatasaray Sportif Sinai Veticari Yatirimlar AS LT-Debt-to-Total-Asset Calculation

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2022 is calculated as

LT Debt to Total Assets (A: May. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2022 )	/	Total Assets (A: May. 2022 )
	=	2216.751	/	3051.503
	=	0.73

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2022 is calculated as

LT Debt to Total Assets (Q: Nov. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2022 )	/	Total Assets (Q: Nov. 2022 )
	=	2345.862	/	3930.271
	=	0.60

Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Galatasaray Sportif Sinai Veticari Yatirimlar AS LT-Debt-to-Total-Asset Related Terms

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Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fulya Mah Akinci Bayiri Sok No 8 K 6, Mecidiyekoy, Istanbul, TUR, 34345

Website

http://www.galatasaray.org

Galatasaray Sportif Sinai Veticari Yatirimlar AS is a Turkey-based company engages in the promotion of Galatasaray professional football team. Its activities include sponsorship, production of licensed goods, advertising, public relations and media.

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