Hektas Ticaret AS (IST:HEKTS) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Hektas 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. Hektas Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Hektas Ticaret AS's long-term debt to total assets ratio increased from Sep. 2023 (0.06) to Sep. 2024 (0.10). It may suggest that Hektas Ticaret AS is progressively becoming more dependent on debt to grow their business.

Hektas Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hektas 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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Hektas Ticaret AS LT-Debt-to-Total-Asset Chart

Hektas Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.07

0.01

0.02

0.04

Hektas Ticaret AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.04	0.05	0.08	0.10

Hektas Ticaret AS LT-Debt-to-Total-Asset Calculation

Hektas 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 )
	=	950.514	/	25455.337
	=	0.04

Hektas Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	2424.75	/	23924.348
	=	0.10

Hektas Ticaret AS (IST:HEKTS) 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.

Hektas Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Hektas Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hektas Ticaret AS (IST:HEKTS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Gebze Organize Sanayi Bolgesi, Ihsan Dede Caddesi, 700. Sokak. No.711, Gebze, Kocaeli, TUR, 41480

Website

https://www.hektas.com.tr

Hektas Ticaret AS is a Turkey-based company involved in producing and marketing agricultural and veterinary medicines. Its offerings include agrochemicals, such as insecticides, herbicides, fungicides, leaf fertilizers, growth regulators, and fumigants; and veterinary pharmaceuticals. The majority of revenue is derived from domestic sales.

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