Ozata Denizciliknayi ve Ticaret AS (IST:OZATD) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2023)

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What is Ozata Denizciliknayi 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. Ozata Denizciliknayi ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.21.

Ozata Denizciliknayi ve Ticaret AS's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2023 (0.21). It may suggest that Ozata Denizciliknayi ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Ozata Denizciliknayi ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ozata Denizciliknayi 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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Ozata Denizciliknayi ve Ticaret AS LT-Debt-to-Total-Asset Chart

Ozata Denizciliknayi ve Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.51

0.32

0.21

Ozata Denizciliknayi ve Ticaret AS Quarterly Data
	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.51	0.32	0.21

Ozata Denizciliknayi ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Ozata Denizciliknayi ve 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 )
	=	694.205	/	3245.831
	=	0.21

Ozata Denizciliknayi ve Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	694.205	/	3245.831
	=	0.21

Ozata Denizciliknayi ve Ticaret AS (IST:OZATD) 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.

Ozata Denizciliknayi ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Ozata Denizciliknayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Ozata Denizcilik Sanayi ve Ticaret AS (IST:OZATD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kan Street no.34, Hersek Neighborhood Hakki, Altinova, Yalova, TUR, 77700

Website

https://www.ozatadenizcilik.com

Ozata Denizcilik Sanayi ve Ticaret AS carries out its activities in its shipyard. The company is engaged in new construction, repair, and transformation of ships.

Ozata Denizciliknayi ve Ticaret AS Headlines

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