Borlease Otomotiv AS (IST:BORLS) Equity-to-Asset : 0.22 (As of Sep. 2023)

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What is Borlease Otomotiv AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Borlease Otomotiv AS's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₺876 Mil. Borlease Otomotiv AS's Total Assets for the quarter that ended in Sep. 2023 was ₺3,982 Mil. Therefore, Borlease Otomotiv AS's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.22.

The historical rank and industry rank for Borlease Otomotiv AS's Equity-to-Asset or its related term are showing as below:

IST:BORLS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.21 Max: 0.23
Current: 0.22

During the past 3 years, the highest Equity to Asset Ratio of Borlease Otomotiv AS was 0.23. The lowest was -0.03. And the median was 0.21.

IST:BORLS's Equity-to-Asset is ranked worse than
83.3% of 1090 companies
in the Business Services industry
Industry Median: 0.5 vs IST:BORLS: 0.22

Borlease Otomotiv AS Equity-to-Asset Historical Data

The historical data trend for Borlease Otomotiv AS's Equity-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.

Borlease Otomotiv AS Equity-to-Asset Chart

Borlease Otomotiv AS Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

-0.03

0.21

Borlease Otomotiv AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	-	0.21	0.23	0.22

Competitive Comparison of Borlease Otomotiv AS's Equity-to-Asset

For the Rental & Leasing Services subindustry, Borlease Otomotiv AS's Equity-to-Asset, along with its competitors' market caps and Equity-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.

Borlease Otomotiv AS's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Borlease Otomotiv AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Borlease Otomotiv AS's Equity-to-Asset falls into.

Borlease Otomotiv AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Borlease Otomotiv AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	511.595	/	2438.752
	=	0.21

Borlease Otomotiv AS's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	875.846	/	3981.546
	=	0.22

Borlease Otomotiv AS (IST:BORLS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Borlease Otomotiv AS Equity-to-Asset Related Terms

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Borlease Otomotiv AS (IST:BORLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Borlease Otomotiv AS (IST:BORLS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saray Mahallesi, Dr. Adnan Büyükdeniz Cad. 2 Blok, No: 4 Ic Kap? No: 28 Umraniye, Istanbul, TUR

Website

https://www.borlease.com.tr

Borlease Otomotiv AS is a company whose main activity is is to rent all kinds of motorized and non-motorized land vehicles, whether it is owned or otherwise obtained from third parties and institutions. The Company primarily provides operational fleet rental services for all brands of passenger vehicles.

Borlease Otomotiv AS (IST:BORLS) Headlines

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