Merko Gidanayi Ve Ticaret AS (IST:MERKO) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Merko Gidanayi Ve 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. Merko Gidanayi Ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Merko Gidanayi Ve Ticaret AS's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.04). It may suggest that Merko Gidanayi Ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Merko Gidanayi Ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Merko Gidanayi Ve 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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Merko Gidanayi Ve Ticaret AS LT-Debt-to-Total-Asset Chart

Merko Gidanayi Ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun20

Jun21

Jun22

LT-Debt-to-Total-Asset

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0.04

0.07

0.06

Merko Gidanayi Ve Ticaret AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.05	0.04	0.03	0.04

Merko Gidanayi Ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Merko Gidanayi Ve Ticaret AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	0	/	352.206
	=	0.00

Merko Gidanayi Ve Ticaret AS'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 )
	=	61.486	/	1551.983
	=	0.04

Merko Gidanayi Ve Ticaret AS (IST:MERKO) 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.

Merko Gidanayi Ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Merko Gidanayi Ve Ticaret AS (IST:MERKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Merko Gida Sanayi Ve Ticaret AS (IST:MERKO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Balmumcu Mah. Mustafa Izzet Efendi Sk. No: 9, K:2 Besiktas, Istanbul, TUR

Website

http://www.merko.com.tr

Merko Gida Sanayi Ve Ticaret AS is engaged in the manufacture and exporter of frozen fruits, vegetables, and tomato. The company's products are categorized as tomato paste, aseptic diced tomato, and tomato juice concentrate.

Merko Gidanayi Ve Ticaret AS (IST:MERKO) Headlines

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