Net Holding AS (IST:NTHOL) Debt-to-Asset : 0.02 (As of Jun. 2026)

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IST:NTHOL Net Holding AS IST:NTHOL
69 GF Score
Price ₺42.90
GF Value ₺57.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Net Holding AS Debt-to-Asset?

Net Holding AS IST:NTHOL +0.56% 69 Debt-to-Asset is 0.02 as of Jun. 2026. GuruFocus rates IST:NTHOL with a GF Score™ of 69/100 and a GF Value™ of ₺57.49 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Net Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺237 Mil. Net Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺2,043 Mil. Net Holding AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was ₺137,101 Mil. Net Holding AS's debt to asset for the quarter that ended in Jun. 2026 was 0.02.

Net Holding AS  (IST:NTHOL) 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.

Net Holding AS Debt-to-Asset Related Terms

Net Holding AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Net Holding 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.

Net Holding AS Debt-to-Asset Chart

Net Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.01 0.02

Net Holding AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.01 0.01 0.02 0.02 0.02

IST:NTHOL vs BKNG, ABNB, RCL: Debt-to-Asset Comparison

For the Travel Services subindustry, Net Holding 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.

Net Holding AS Debt-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Debt-to-Asset distribution charts can be found below:

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


IST:NTHOL
69GF Score
Net Holding AS IST:NTHOL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Net Holding AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Net Holding AS's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(253.504 + 2088.34) / 118794.861
=0.02

Net Holding AS's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(236.894 + 2042.753) / 137100.949
=0.02

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.02 mean?
Net Holding AS (IST:NTHOL) has a Debt-to-Asset of 0.02 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Net Holding AS and its competitors.
Is Net Holding AS's Debt-to-Asset too high?
Net Holding AS's current Debt-to-Asset is 0.02. Overall, Net Holding AS has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's Debt-to-Asset compare to BKNG and ABNB?
Net Holding AS's Debt-to-Asset of 0.02 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Travel & Leisure company?
A good Debt-to-Asset depends on the Travel & Leisure industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Net Holding AS and its competitors. Net Holding AS's current Debt-to-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺57.49, compared to a current price of ₺42.90 — trading 25.4% below its estimated fair value. The current Debt-to-Asset is 0.02. Net Holding AS's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Net Holding AS (IST:NTHOL), the current Debt-to-Asset is 0.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Net Holding AS (IST:NTHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued. The current stock price of ₺42.90 is trading 25.4% below its estimated GF Value™ of ₺57.49. GuruFocus considers Net Holding AS to be Modestly Undervalued.

Key valuation signals for IST:NTHOL:

  • Debt-to-Asset: 0.02
  • GF Value™: ₺57.49 vs. price of ₺42.90 (25.4% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the IST:NTHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Net Holding AS Business Description

Address Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
69GF Score

Get the complete analysis for IST:NTHOL

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺42.90
Price
₺57.49
GF Value