Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Rainbow Polikarbonatnayi Ticaret 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. Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's long-term debt to total assets ratio declined from Mar. 2023 (0.19) to Sep. 2024 (0.14). It may suggest that Rainbow Polikarbonatnayi Ticaret Anonim Sirketi is progressively becoming less dependent on debt to grow their business.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rainbow Polikarbonatnayi Ticaret 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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Rainbow Polikarbonatnayi Ticaret Anonim Sirketi LT-Debt-to-Total-Asset Chart

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.22

0.30

0.18

0.08

0.15

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.19	0.19	0.22	0.12	0.14

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi LT-Debt-to-Total-Asset Calculation

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	71.578	/	465.084
	=	0.15

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi'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 )
	=	202.257	/	1446.242
	=	0.14

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi (IST:RNPOL) 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.

Rainbow Polikarbonatnayi Ticaret Anonim Sirketi LT-Debt-to-Total-Asset Related Terms

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Rainbow Polikarbonatnayi Ticaret Anonim Sirketi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi (IST:RNPOL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Organize Sanayi Bolgesi 34, Cadde No: 27 Melikgazi, Kayseri, TUR

Website

https://www.rainbowpc.com.tr

Rainbow Polikarbonat Sanayi Ticaret Anonim Sirketi operates in the polycarbonate and polypropylene sectors. Its products include polycarbonate roof panel, rainbow greca sheet, polycarbonate H profile and U profile, among others.

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