Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) LT-Debt-to-Total-Asset : 0.84 (As of Dec. 2023)

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What is Turkiye Sinai Kalkinma Bankasi 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. Turkiye Sinai Kalkinma Bankasi AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.84.

Turkiye Sinai Kalkinma Bankasi AS's long-term debt to total assets ratio declined from Dec. 2022 (0.85) to Dec. 2023 (0.84). It may suggest that Turkiye Sinai Kalkinma Bankasi AS is progressively becoming less dependent on debt to grow their business.

Turkiye Sinai Kalkinma Bankasi AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turkiye Sinai Kalkinma Bankasi 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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Turkiye Sinai Kalkinma Bankasi AS LT-Debt-to-Total-Asset Chart

Turkiye Sinai Kalkinma Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.85

0.89

0.85

0.84

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.85	0.83	0.85	0.84	0.84

Turkiye Sinai Kalkinma Bankasi AS LT-Debt-to-Total-Asset Calculation

Turkiye Sinai Kalkinma Bankasi 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 )
	=	152292.26	/	180913.852
	=	0.84

Turkiye Sinai Kalkinma Bankasi 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 )
	=	152292.26	/	180913.852
	=	0.84

Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) 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.

Turkiye Sinai Kalkinma Bankasi AS LT-Debt-to-Total-Asset Related Terms

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Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Meclisi Mebusan Cad. No. 81, Findikli, Istanbul, TUR, 34427

Website

https://www.tskb.com.tr

Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank primarily operating in Turkey. Members of Turkiye Is Bankasi control over half of the company's shares. TSKB provides a broad array of corporate banking, investment banking, and consultancy services. An integral part of the company's strategy is to engage in strategic partnerships with multinational financial institutions for exposure to global funds. Most of the bank's earning assets are loans and advances to customers. Nearly all of the bank's net revenue is net interest income.

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