Trakya Camnayii AS (Trakya Camnayii AS) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2020)

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What is Trakya Camnayii 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. Trakya Camnayii AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.28.

Trakya Camnayii AS's long-term debt to total assets ratio increased from Dec. 2019 (0.27) to Dec. 2020 (0.28). It may suggest that Trakya Camnayii AS is progressively becoming more dependent on debt to grow their business.

Trakya Camnayii AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trakya Camnayii 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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Trakya Camnayii AS LT-Debt-to-Total-Asset Chart

Trakya Camnayii AS Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.27

0.24

0.20

0.27

0.28

Trakya Camnayii AS Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.29	0.30	0.28

Trakya Camnayii AS LT-Debt-to-Total-Asset Calculation

Trakya Camnayii AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	1619.775	/	5735.021
	=	0.28

Trakya Camnayii AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	1619.775	/	5735.021
	=	0.28

Trakya Camnayii AS (GREY:TRKCY) 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.

Trakya Camnayii AS LT-Debt-to-Total-Asset Related Terms

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Trakya Camnayii AS (Trakya Camnayii AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Trakya Cam Sanayii AS (GREY:TRKCY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44A, Tuzla, Istanbul, TUR, 34947

Website

http://www.sisecamduzcam.com

Trakya Cam Sanayii AS is a building materials company engaged in glass manufacturing. The company creates glass products that include solar glass, automobile glass, home appliance glass, and architectural glass. Trakya's solar glass is utilized for photovoltaics and thermal collectors, while its home appliance glass segment is used in ovens and refrigerators. The company's architectural glass segment is used in retail stores, high-rise buildings, and airports. These core offering are supplemented by other products, such as energy efficient glass, which utilizes heat controlled insulation. The company generates the majority of its revenue in Turkey.

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