Ldr Turizm Anonim Sirketi (IST:LIDER) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Ldr Turizm 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. Ldr Turizm Anonim Sirketi's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Ldr Turizm Anonim Sirketi's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.05). It may suggest that Ldr Turizm Anonim Sirketi is progressively becoming less dependent on debt to grow their business.

Ldr Turizm Anonim Sirketi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ldr Turizm 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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Ldr Turizm Anonim Sirketi LT-Debt-to-Total-Asset Chart

Ldr Turizm Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.32

0.33

0.29

0.06

0.04

Ldr Turizm Anonim Sirketi Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.08	0.05	0.03	0.04	0.05

Ldr Turizm Anonim Sirketi LT-Debt-to-Total-Asset Calculation

Ldr Turizm 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 )
	=	193.623	/	4893.408
	=	0.04

Ldr Turizm 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 )
	=	307.413	/	6026.395
	=	0.05

Ldr Turizm Anonim Sirketi (IST:LIDER) 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.

Ldr Turizm Anonim Sirketi LT-Debt-to-Total-Asset Related Terms

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Ldr Turizm Anonim Sirketi (IST:LIDER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ldr Turizm Anonim Sirketi (IST:LIDER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plaza Ayazaga Yolu No:7 K:14, Maslak, Istanbul, TUR

Website

https://www.liderfilo.com.tr

Ldr Turizm Anonim Sirketi provides its customers with long-term specialized car rental services within the framework of financial and technological developments. The services offered by the company include 24/7 professional assistance & roadside assistance, backup vehicles, maintenance & repair, examination, tire management, penalty management, and valet service.

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