Metemtur Otelcilik ve Turizm Isletmeleri AS (IST:METUR) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Metemtur Otelcilik ve Turizm Isletmeleri 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. Metemtur Otelcilik ve Turizm Isletmeleri AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.20.

Metemtur Otelcilik ve Turizm Isletmeleri AS's long-term debt to total assets ratio declined from Mar. 2022 (0.44) to Mar. 2023 (0.20). It may suggest that Metemtur Otelcilik ve Turizm Isletmeleri AS is progressively becoming less dependent on debt to grow their business.

Metemtur Otelcilik ve Turizm Isletmeleri AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metemtur Otelcilik ve Turizm Isletmeleri 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.

* Premium members only.

Metemtur Otelcilik ve Turizm Isletmeleri AS LT-Debt-to-Total-Asset Chart

Metemtur Otelcilik ve Turizm Isletmeleri AS Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.69

0.56

0.43

0.18

0.15

Metemtur Otelcilik ve Turizm Isletmeleri AS Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.33	0.18	0.20	0.15

Metemtur Otelcilik ve Turizm Isletmeleri AS LT-Debt-to-Total-Asset Calculation

Metemtur Otelcilik ve Turizm Isletmeleri AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	54.935	/	360.83
	=	0.15

Metemtur Otelcilik ve Turizm Isletmeleri AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	46.132	/	233.448
	=	0.20

Metemtur Otelcilik ve Turizm Isletmeleri AS (IST:METUR) 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.

Metemtur Otelcilik ve Turizm Isletmeleri AS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Metemtur Otelcilik ve Turizm Isletmeleri AS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Metemtur Otelcilik ve Turizm Isletmeleri AS (IST:METUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Metemtur Otelcilik ve Turizm Isletmeleri AS (IST:METUR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beyaz Karanfil Street Number 13, 3. Levent, Besiktas, Istanbul, TUR

Website

http://www.metemtur.com

Metemtur Otelcilik ve Turizm AS operates in the hotel management and construction. The company projects include Caresse Bodrum project.

Metemtur Otelcilik ve Turizm Isletmeleri AS (IST:METUR) Headlines

No Headlines