Europap Tezol Kagit (IST:TEZOL) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Europap Tezol Kagit 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. Europap Tezol Kagit's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Europap Tezol Kagit's long-term debt to total assets ratio declined from Sep. 2023 (0.09) to Sep. 2024 (0.04). It may suggest that Europap Tezol Kagit is progressively becoming less dependent on debt to grow their business.

Europap Tezol Kagit LT-Debt-to-Total-Asset Historical Data

The historical data trend for Europap Tezol Kagit'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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Europap Tezol Kagit LT-Debt-to-Total-Asset Chart

Europap Tezol Kagit Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.12

0.17

0.08

0.06

Europap Tezol Kagit Quarterly Data
	Dec18	Dec19	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															0.09	0.06	0.11	0.04	0.04

Europap Tezol Kagit LT-Debt-to-Total-Asset Calculation

Europap Tezol Kagit'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 )
	=	257.127	/	4158.85
	=	0.06

Europap Tezol Kagit'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 )
	=	214.858	/	5976.374
	=	0.04

Europap Tezol Kagit (IST:TEZOL) 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.

Europap Tezol Kagit LT-Debt-to-Total-Asset Related Terms

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Europap Tezol Kagit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Europap Tezol Kagit (IST:TEZOL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yedi Eylul, Philsa Caddesi, No:36, Torbali, Izmir, TUR, 35860

Website

https://www.tezol.com.tr

Europap Tezol Kagit is engaged in producing napkins, toilet paper, and kitchen towels from the semi-finished cleaning papers in the form of bobbins procured from outside Turkey.

Europap Tezol Kagit Headlines

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