IMAS Makinanayi Anonim Sirketi (IST:IMASM) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is IMAS Makinanayi Anonim Sirketi 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. IMAS Makinanayi Anonim Sirketi's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

IMAS Makinanayi Anonim Sirketi's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.06). It may suggest that IMAS Makinanayi Anonim Sirketi is progressively becoming more dependent on debt to grow their business.

IMAS Makinanayi Anonim Sirketi LT-Debt-to-Total-Asset Historical Data

The historical data trend for IMAS Makinanayi Anonim Sirketi'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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IMAS Makinanayi Anonim Sirketi LT-Debt-to-Total-Asset Chart

IMAS Makinanayi Anonim Sirketi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.24

0.18

0.08

0.02

0.07

IMAS Makinanayi Anonim Sirketi Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.01	0.12	0.09	0.07	0.06

IMAS Makinanayi Anonim Sirketi LT-Debt-to-Total-Asset Calculation

IMAS Makinanayi Anonim Sirketi'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 )
	=	116.745	/	1732.015
	=	0.07

IMAS Makinanayi Anonim Sirketi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	115.048	/	1981.4
	=	0.06

IMAS Makinanayi Anonim Sirketi (IST:IMASM) 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.

IMAS Makinanayi Anonim Sirketi LT-Debt-to-Total-Asset Related Terms

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IMAS Makinanayi Anonim Sirketi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMAS Makina Sanayi Anonim Sirketi (IST:IMASM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukkayacik Mahallesi No 407 Street No: 8, Konya, TUR, 42250

Website

https://www.imas.com.tr

IMAS Makina Sanayi Anonim Sirketi produces machinery and equipment with high quality and technology. It operates under the brands of Milleral in grain milling, Viteral in feed factories, Cuteral in the band saw industry, Steral in the steel construction industry and ProSupport in after-sales services.

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