Migros Turk TAS (IST:MGROS) Debt-to-Asset : 0.13 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Migros Turk TAS Debt-to-Asset?

Migros Turk TAS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺3,790 Mil. Migros Turk TAS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺9,633 Mil. Migros Turk TAS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₺105,495 Mil. Migros Turk TAS's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Migros Turk TAS Debt-to-Asset Historical Data

The historical data trend for Migros Turk TAS'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.

Migros Turk TAS Debt-to-Asset Chart

Migros Turk TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.50

0.44

0.34

0.15

0.11

Migros Turk TAS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.20	0.19	0.17	0.11	0.13

Competitive Comparison of Migros Turk TAS's Debt-to-Asset

For the Grocery Stores subindustry, Migros Turk TAS'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.

Migros Turk TAS's Debt-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Turk TAS's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Migros Turk TAS's Debt-to-Asset falls into.

Migros Turk TAS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Migros Turk TAS'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
	=	(2978.835	+	7291.143)	/	92129.481
	=	0.11

Migros Turk TAS's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(3790.465	+	9633.222)	/	105494.545
	=	0.13

Migros Turk TAS (IST:MGROS) 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.

Migros Turk TAS Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Migros Turk TAS's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Migros Turk TAS (IST:MGROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Turk TAS (IST:MGROS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Turk TAS (IST:MGROS) Headlines

No Headlines