Sasa Polyesternayi AS (IST:SASA) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Sasa Polyesternayi 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. Sasa Polyesternayi AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Sasa Polyesternayi AS's long-term debt to total assets ratio declined from Sep. 2023 (0.35) to Sep. 2024 (0.20). It may suggest that Sasa Polyesternayi AS is progressively becoming less dependent on debt to grow their business.

Sasa Polyesternayi AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sasa Polyesternayi 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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Sasa Polyesternayi AS LT-Debt-to-Total-Asset Chart

Sasa Polyesternayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.32

0.40

0.16

0.28

Sasa Polyesternayi 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															0.35	0.28	0.23	0.20	0.20

Sasa Polyesternayi AS LT-Debt-to-Total-Asset Calculation

Sasa Polyesternayi 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 )
	=	42314.517	/	151795.559
	=	0.28

Sasa Polyesternayi 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 )
	=	43986.048	/	223870.595
	=	0.20

Sasa Polyesternayi AS (IST:SASA) 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.

Sasa Polyesternayi AS LT-Debt-to-Total-Asset Related Terms

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Sasa Polyesternayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sasa Polyester Sanayi AS (IST:SASA) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Sarihamzali Mahallesi Turhan Cemal Beriker Bulvari No 559, Seyhan, Adana, TUR, 01355

Website

https://www.sasa.com.tr

Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.

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