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NATURELGAZNAYI VE TICARET AS (IST:NTGAZ) Liabilities-to-Assets : 0.19 (As of Sep. 2024)


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What is NATURELGAZNAYI VE TICARET 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. NATURELGAZNAYI VE TICARET AS's Total Liabilities for the quarter that ended in Sep. 2024 was ₺709 Mil. NATURELGAZNAYI VE TICARET AS's Total Assets for the quarter that ended in Sep. 2024 was ₺3,676 Mil. Therefore, NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.19.


NATURELGAZNAYI VE TICARET AS Liabilities-to-Assets Historical Data

The historical data trend for NATURELGAZNAYI VE TICARET 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.

NATURELGAZNAYI VE TICARET AS Liabilities-to-Assets Chart

NATURELGAZNAYI VE TICARET AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.49 0.42 0.32 0.26 0.20

NATURELGAZNAYI VE TICARET AS Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.25 0.20 0.18 0.16 0.19

Competitive Comparison of NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets

For the Oil & Gas Midstream subindustry, NATURELGAZNAYI VE TICARET 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.


NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets falls into.



NATURELGAZNAYI VE TICARET 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.

NATURELGAZNAYI VE TICARET 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
=600.202/2948.57
=0.20

NATURELGAZNAYI VE TICARET AS's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=708.814/3676.18
=0.19

* 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.


NATURELGAZNAYI VE TICARET AS  (IST:NTGAZ) 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.


NATURELGAZNAYI VE TICARET AS Liabilities-to-Assets Related Terms

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NATURELGAZNAYI VE TICARET AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Esentepe Mah. Buyukdere Cad., 193 Apt Blok No: 193 No: 2, Sisli, Istanbul, TUR, 34394
NATURELGAZ SANAYI VE TICARET AS operates in the natural gas sector. It supplies natural gas to its customers such as factories operating in different sectors such as chemistry, metal, food, mining, construction materials, power generation facilities, hotels, asphalt production facilities, and public institutions that use for heating purposes. It carries out the operations of transporting the gas to the transmission system through the CNG system in natural gas wells that have natural gas reserves but are not economically or geographically possible to connect pipelines.

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