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Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)


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What is Ofis Yem Gidanayi ve 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. Ofis Yem Gidanayi ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Ofis Yem Gidanayi ve Ticaret AS's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.07). It may suggest that Ofis Yem Gidanayi ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Ofis Yem Gidanayi ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ofis Yem Gidanayi ve 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.

* Premium members only.

Ofis Yem Gidanayi ve Ticaret AS LT-Debt-to-Total-Asset Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.08 0.02 0.10 0.07

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.10 0.09 0.07 0.07

Ofis Yem Gidanayi ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Ofis Yem Gidanayi ve Ticaret 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 )
=270.476/4039.749
=0.07

Ofis Yem Gidanayi ve Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=270.476/4039.749
=0.07

* 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) 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.

Ofis Yem Gidanayi ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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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 » LT-Debt-to-Total-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

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