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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Debt-to-Asset : 0.21 (As of Dec. 2023)


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What is Akfen Gayrimenkul Yatirim Ortakligi Debt-to-Asset?

Akfen Gayrimenkul Yatirim Ortakligi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺632 Mil. Akfen Gayrimenkul Yatirim Ortakligi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺4,361 Mil. Akfen Gayrimenkul Yatirim Ortakligi's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ₺23,380 Mil. Akfen Gayrimenkul Yatirim Ortakligi's debt to asset for the quarter that ended in Dec. 2023 was 0.21.


Akfen Gayrimenkul Yatirim Ortakligi Debt-to-Asset Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-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.

Akfen Gayrimenkul Yatirim Ortakligi Debt-to-Asset Chart

Akfen Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.66 0.29 0.22 0.21

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.23 0.22 0.25 0.21

Competitive Comparison of Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset falls into.



Akfen Gayrimenkul Yatirim Ortakligi Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(632.273 + 4361.335) / 23380.446
=0.21

Akfen Gayrimenkul Yatirim Ortakligi's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(632.273 + 4361.335) / 23380.446
=0.21

* 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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Akfen Gayrimenkul Yatirim Ortakligi Debt-to-Asset Related Terms

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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Büyükdere Cad. No:201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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