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Turk Hava Yollari AO (IST:THYAO) Debt-to-Revenue : 1.51 (As of Dec. 2023)


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What is Turk Hava Yollari AO Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Turk Hava Yollari AO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺109,810 Mil. Turk Hava Yollari AO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺310,362 Mil. Turk Hava Yollari AO's annualized Revenue for the quarter that ended in Dec. 2023 was ₺279,030 Mil. Turk Hava Yollari AO's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.51.


Turk Hava Yollari AO Debt-to-Revenue Historical Data

The historical data trend for Turk Hava Yollari AO's Debt-to-Revenue 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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Turk Hava Yollari AO Debt-to-Revenue Chart

Turk Hava Yollari AO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 2.48 2.05 0.85 0.83

Turk Hava Yollari AO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 1.12 0.82 0.68 0.54 1.51

Competitive Comparison of Turk Hava Yollari AO's Debt-to-Revenue

For the Airlines subindustry, Turk Hava Yollari AO's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Turk Hava Yollari AO's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Turk Hava Yollari AO's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Turk Hava Yollari AO's Debt-to-Revenue falls into.



Turk Hava Yollari AO Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Turk Hava Yollari AO's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(109810 + 310362) / 504398
=0.83

Turk Hava Yollari AO's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(109810 + 310362) / 279030.38
=1.51

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Turk Hava Yollari AO Debt-to-Revenue Related Terms

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Turk Hava Yollari AO (IST:THYAO) Business Description

Traded in Other Exchanges
Address
Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has one of the largest flight networks in the world, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights, and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.

Turk Hava Yollari AO (IST:THYAO) Headlines

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