Erciyas Celik Borunayi (IST:ERCB) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Erciyas Celik Borunayi 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. Erciyas Celik Borunayi's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Erciyas Celik Borunayi's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that Erciyas Celik Borunayi is progressively becoming less dependent on debt to grow their business.

Erciyas Celik Borunayi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Erciyas Celik Borunayi'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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Erciyas Celik Borunayi LT-Debt-to-Total-Asset Chart

Erciyas Celik Borunayi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.17

0.12

0.08

0.07

0.06

Erciyas Celik Borunayi Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.07	0.06	0.06	0.08	0.06

Erciyas Celik Borunayi LT-Debt-to-Total-Asset Calculation

Erciyas Celik Borunayi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	762.146	/	12771.489
	=	0.06

Erciyas Celik Borunayi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	762.146	/	12771.489
	=	0.06

Erciyas Celik Borunayi (IST:ERCB) 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.

Erciyas Celik Borunayi LT-Debt-to-Total-Asset Related Terms

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Erciyas Celik Borunayi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Erciyas Celik Boru Sanayi (IST:ERCB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR

Website

https://erciyas.com/erciyas-celik-boru

Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

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