Turcas Holding AS (IST:TRCAS) Debt-to-Asset : 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TRCAS Turcas Holding AS IST:TRCAS
21 GF Score
Price ₺47.16
! 2 Warning Signs
View Full Analysis

What is Turcas Holding AS Debt-to-Asset?

Turcas Holding AS IST:TRCAS -1.34% 21 Debt-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates IST:TRCAS with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

Turcas Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺0.00 Mil. Turcas Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₺0.00 Mil. Turcas Holding AS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was ₺17,041.25 Mil. Turcas Holding AS's debt to asset for the quarter that ended in Jun. 2026 was 0.00.

Turcas Holding AS  (IST:TRCAS) 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.

Turcas Holding AS Debt-to-Asset Related Terms

Turcas Holding AS Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Turcas 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.

Turcas Holding AS Debt-to-Asset Chart

Turcas 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 0.52 0.10 0.06 0.00 0.00

Turcas 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 0.00 0.00 0.00 0.00 0.00

IST:TRCAS vs CEG, VST, NRG: Debt-to-Asset Comparison

For the Utilities - Independent Power Producers subindustry, Turcas 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.

Turcas Holding AS Debt-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Turcas Holding AS's Debt-to-Asset distribution charts can be found below:

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


IST:TRCAS
21GF Score
Turcas Holding AS IST:TRCAS
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turcas Holding AS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Turcas 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
=(0 + 0) / 14216.494
=0.00

Turcas 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
=(0 + 0) / 17041.251
=0.00

* 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 0.00 mean?
Turcas Holding AS (IST:TRCAS) has a Debt-to-Asset of 0.00 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Turcas Holding AS and its competitors.
Is Turcas Holding AS's Debt-to-Asset too high?
Turcas Holding AS's current Debt-to-Asset is 0.00. Overall, Turcas Holding AS has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Turcas Holding AS's Debt-to-Asset compare to CEG and VST?
Turcas Holding AS's Debt-to-Asset of 0.00 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Debt-to-Asset depends on the Utilities - Independent Power Producers 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 Turcas Holding AS and its competitors. Turcas Holding AS's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turcas Holding AS stock overvalued right now?
Turcas Holding AS (IST:TRCAS) has a current Debt-to-Asset of 0.00. The current Debt-to-Asset is 0.00. Turcas Holding AS's overall GF Score™ is 21/100 with 2 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 Turcas Holding AS (IST:TRCAS), the current Debt-to-Asset is 0.00 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.

Turcas Holding AS Business Description

Address AOS 55th Street No 2, Aksoy Plaza, 7th floor, Sariyer, Istanbul, TUR, 34375
Turcas Holding AS is an oil and energy-focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity, and Others. The products that are included in the Oil segment are fuel products, lubricants, and engine oil. The Electricity segment consists of power generation activity.
21GF Score

Get the complete analysis for IST:TRCAS

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

₺47.16
Price