Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2023)

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What is Bak Ambalajnayi Ve Ticaret AS LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bak Ambalajnayi Ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.22.

Bak Ambalajnayi Ve Ticaret AS's long-term debt to total assets ratio increased from Mar. 2022 (0.06) to Mar. 2023 (0.22). It may suggest that Bak Ambalajnayi Ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Bak Ambalajnayi Ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bak Ambalajnayi Ve Ticaret AS's LT-Debt-to-Total-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.

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Bak Ambalajnayi Ve Ticaret AS LT-Debt-to-Total-Asset Chart

Bak Ambalajnayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.13

0.10

0.19

0.13

Bak Ambalajnayi Ve Ticaret AS Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.02	0.19	0.22	0.13

Bak Ambalajnayi Ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Bak Ambalajnayi Ve Ticaret AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	481.786	/	3608.375
	=	0.13

Bak Ambalajnayi Ve Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	445.643	/	2051.732
	=	0.22

Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Bak Ambalajnayi Ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bak Ambalaj Sanayi Ve Ticaret AS (IST:BAKAB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

AOSB 10002, Sokak Number 45, Cigli, Izmir, TUR, 35620

Website

http://www.bakambalaj.com.tr

Bak Ambalaj Sanayi Ve Ticaret AS is a Turkey-based company involved in the manufacturing of packaging products including unprinted, printed and laminated flexible packaging. The products offerings of the company include Snack Foods Packaging, Biscuits Packaging, Sugar and Chocolate Confectionary, Bread and Fresh Food Packaging, Instant Food & Drinks and Other Product Packaging.

Bak Ambalajnayi Ve Ticaret AS (IST:BAKAB) Headlines

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