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Grainturk Tarim (IST:GRTRK) Liabilities-to-Assets : 0.12 (As of Dec. 2023)


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What is Grainturk Tarim 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. Grainturk Tarim's Total Liabilities for the quarter that ended in Dec. 2023 was ₺400 Mil. Grainturk Tarim's Total Assets for the quarter that ended in Dec. 2023 was ₺3,288 Mil. Therefore, Grainturk Tarim's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.12.


Grainturk Tarim Liabilities-to-Assets Historical Data

The historical data trend for Grainturk Tarim'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.

Grainturk Tarim Liabilities-to-Assets Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.73 0.24 0.12 0.12

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.15 0.09 0.21 0.12

Competitive Comparison of Grainturk Tarim's Liabilities-to-Assets

For the Farm Products subindustry, Grainturk Tarim'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.


Grainturk Tarim's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Tarim's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Grainturk Tarim's Liabilities-to-Assets falls into.



Grainturk Tarim 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.

Grainturk Tarim'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
=400.007/3288.386
=0.12

Grainturk Tarim's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=400.007/3288.386
=0.12

* 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.


Grainturk Tarim  (IST:GRTRK) 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.


Grainturk Tarim Liabilities-to-Assets Related Terms

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Grainturk Tarim (IST:GRTRK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

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