Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2023)

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What is Ersan Alisveris Hizmetleri ve Gidanayi Ticaret 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. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.23.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's long-term debt to total assets ratio increased from Sep. 2022 (0.13) to Sep. 2023 (0.23). It may suggest that Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS is progressively becoming more dependent on debt to grow their business.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ersan Alisveris Hizmetleri ve Gidanayi Ticaret 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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Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS LT-Debt-to-Total-Asset Chart

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.03

0.17

0.14

0.12

0.11

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.13	0.11	0.17	0.22	0.23

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS LT-Debt-to-Total-Asset Calculation

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	161.91	/	1536.683
	=	0.11

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	570.698	/	2460.359
	=	0.23

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) 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.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret AS (IST:KIMMR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hadimkoy Mah. Metin Oktay Cad. No: 3/1, Arnavutkoy, Istanbul, TUR

Website

https://www.kimmarket.com

Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret AS is a supermarket chain in Turkey. It has around five stores.

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