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Karsu Tekstilnayii Ve Ticaret AS (IST:KRTEK) Equity-to-Asset : 0.50 (As of Sep. 2024)


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What is Karsu Tekstilnayii Ve Ticaret AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Karsu Tekstilnayii Ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₺1,366 Mil. Karsu Tekstilnayii Ve Ticaret AS's Total Assets for the quarter that ended in Sep. 2024 was ₺2,758 Mil. Therefore, Karsu Tekstilnayii Ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.50.

The historical rank and industry rank for Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset or its related term are showing as below:

IST:KRTEK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.23   Max: 0.6
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Karsu Tekstilnayii Ve Ticaret AS was 0.60. The lowest was 0.13. And the median was 0.23.

IST:KRTEK's Equity-to-Asset is ranked worse than
54.87% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.54 vs IST:KRTEK: 0.50

Karsu Tekstilnayii Ve Ticaret AS Equity-to-Asset Historical Data

The historical data trend for Karsu Tekstilnayii Ve Ticaret 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.

Karsu Tekstilnayii Ve Ticaret AS Equity-to-Asset Chart

Karsu Tekstilnayii Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.27 0.29 0.47 0.60

Karsu Tekstilnayii Ve Ticaret AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-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 0.46 0.60 0.52 0.48 0.50

Competitive Comparison of Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset

For the Textile Manufacturing subindustry, Karsu Tekstilnayii Ve Ticaret 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.


Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset falls into.



Karsu Tekstilnayii Ve Ticaret 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.

Karsu Tekstilnayii Ve Ticaret AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1139.227/1915.42
=0.59

Karsu Tekstilnayii Ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1365.917/2758.105
=0.50

* 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.


Karsu Tekstilnayii Ve Ticaret AS  (IST:KRTEK) 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%.


Karsu Tekstilnayii Ve Ticaret AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Karsu Tekstilnayii Ve Ticaret AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Karsu Tekstilnayii Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Number 146 Incesu, Suksun Zafer Mah Sedef Bulvari, Kayseri, TUR
Karsu Tekstil Sanayii Ve Ticaret AS is engaged in the production and marketing of cotton, synthetic cotton and artificial fiber composite yarns. The company's products include ring yarn, compact yarns, airjet yarns, and fashion fabrics, among others.

Karsu Tekstilnayii Ve Ticaret AS Headlines

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