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Cates Elektrik Uretim AS (IST:CATES) Liabilities-to-Assets : 0.23 (As of Mar. 2024)


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What is Cates Elektrik Uretim AS Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cates Elektrik Uretim AS's Total Liabilities for the quarter that ended in Mar. 2024 was ₺2,863 Mil. Cates Elektrik Uretim AS's Total Assets for the quarter that ended in Mar. 2024 was ₺12,240 Mil. Therefore, Cates Elektrik Uretim AS's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.23.


Cates Elektrik Uretim AS Liabilities-to-Assets Historical Data

The historical data trend for Cates Elektrik Uretim AS's Liabilities-to-Assets 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.

Cates Elektrik Uretim AS Liabilities-to-Assets Chart

Cates Elektrik Uretim AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
3.32 0.77 0.52 0.28

Cates Elektrik Uretim AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.52 0.45 0.28 0.23

Competitive Comparison of Cates Elektrik Uretim AS's Liabilities-to-Assets

For the Utilities - Independent Power Producers subindustry, Cates Elektrik Uretim AS's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Cates Elektrik Uretim AS's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cates Elektrik Uretim AS's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Cates Elektrik Uretim AS's Liabilities-to-Assets falls into.



Cates Elektrik Uretim AS Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cates Elektrik Uretim AS's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3091.15/11174.104
=0.28

Cates Elektrik Uretim AS's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2862.636/12239.685
=0.23

* 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.


Cates Elektrik Uretim AS  (IST:CATES) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cates Elektrik Uretim AS Liabilities-to-Assets Related Terms

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Cates Elektrik Uretim AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Sahinler Mahallesi, Sahinler Cluster Houses, Yatagan Thermal Power Plant Site No: 259/1, Mugla, TUR
Cates Elektrik Uretim AS is a company whose main activity is to produce electrical energy and sell the produced electrical energy. It also operates the coal-based Power Plant located in the Catalagzi town of Zonguldak.

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