Turkiye Kalkinma Bankasi AS (IST:KLNMA) LT-Debt-to-Total-Asset : 0.72 (As of Sep. 2024)

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What is Turkiye Kalkinma Bankasi 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. Turkiye Kalkinma Bankasi AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.72.

Turkiye Kalkinma Bankasi AS's long-term debt to total assets ratio declined from Sep. 2023 (0.74) to Sep. 2024 (0.72). It may suggest that Turkiye Kalkinma Bankasi AS is progressively becoming less dependent on debt to grow their business.

Turkiye Kalkinma Bankasi AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turkiye Kalkinma Bankasi 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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Turkiye Kalkinma Bankasi AS LT-Debt-to-Total-Asset Chart

Turkiye Kalkinma Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.87

0.83

0.84

0.78

0.75

Turkiye Kalkinma Bankasi 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															0.74	0.75	0.75	0.72	0.72

Turkiye Kalkinma Bankasi AS LT-Debt-to-Total-Asset Calculation

Turkiye Kalkinma Bankasi 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 )
	=	102125.983	/	135699.686
	=	0.75

Turkiye Kalkinma Bankasi 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 )
	=	111422.852	/	154693.523
	=	0.72

Turkiye Kalkinma Bankasi AS (IST:KLNMA) 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.

Turkiye Kalkinma Bankasi AS LT-Debt-to-Total-Asset Related Terms

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Turkiye Kalkinma Bankasi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Kalkinma Bankasi AS (IST:KLNMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Necatibey Caddesi No. 98, Kizilay, Ankara, TUR, 06100

Website

http://www.kalkinma.com.tr

Turkiye Kalkinma Bankasi AS is a Turkish banking service provider, which specializes in investment banking and financing activities primarily to the industrial, tourism and energy sectors. Under the investment banking division, the company provides places activities such as investment services, which cover treasury bills, repo, Kalkinma funds, money transfer, and apex banking activities. It also conducts certain activities under financing services such as Kalkinma working capital loan, World bank renewable energy and energy efficiency loan, European investment bank small and medium enterprises (SME) development loan, Islamic development bank investment loan and world bank SME-II Apex loan.

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