Garanti Faktoring AS (IST:GARFA) Debt-to-Asset : 0.73 (As of Dec. 2024)

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What is Garanti Faktoring AS Debt-to-Asset?

Garanti Faktoring AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺0 Mil. Garanti Faktoring AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺9,739 Mil. Garanti Faktoring AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was ₺13,300 Mil. Garanti Faktoring AS's debt to asset for the quarter that ended in Dec. 2024 was 0.73.

Garanti Faktoring AS Debt-to-Asset Historical Data

The historical data trend for Garanti Faktoring AS'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.

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Garanti Faktoring AS Debt-to-Asset Chart

Garanti Faktoring AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.92

0.91

0.83

0.73

Garanti Faktoring AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.83	0.80	0.75	0.71	0.73

Competitive Comparison of Garanti Faktoring AS's Debt-to-Asset

For the Credit Services subindustry, Garanti Faktoring AS'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.

Garanti Faktoring AS's Debt-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Garanti Faktoring AS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Garanti Faktoring AS's Debt-to-Asset falls into.

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Garanti Faktoring AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Garanti Faktoring AS's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	9738.577)	/	13300.378
	=	0.73

Garanti Faktoring AS's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	9738.577)	/	13300.378
	=	0.73

Garanti Faktoring AS (IST:GARFA) 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.

Garanti Faktoring AS Debt-to-Asset Related Terms

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Garanti Faktoring AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Garanti Faktoring AS (IST:GARFA) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maslak Mahalles Eski Buyukdere Caddesi No. 23, Sariyer, Istanbul, TUR, 34398

Website

http://www.garantifactoring.com

Garanti Faktoring AS is a Turkish company which offers factoring services where time receivables of companies arising out of their domestic and overseas service sales are taken over by Garanti to offer one or more of financing, guarantee and collection services. The company focuses on trade financing and receivable-based financing and provides financing, guarantee and collection products. It offers financing service to customers whose goods/services sales are realized on the account and as check account sales and delivers regular cash flow. The company also affords supplier financing to supplier companies the benefit of payment of their receivables without waiting for maturity, and to buyer companies the benefit of payment due date extension.

Garanti Faktoring AS Headlines

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