Turk Ilac ve Serumnayi (IST:TRILC) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Turk Ilac ve Serumnayi 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. Turk Ilac ve Serumnayi's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.02.

Turk Ilac ve Serumnayi's long-term debt to total assets ratio declined from Sep. 2022 (0.04) to Sep. 2023 (0.02). It may suggest that Turk Ilac ve Serumnayi is progressively becoming less dependent on debt to grow their business.

Turk Ilac ve Serumnayi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turk Ilac ve Serumnayi'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.

* Premium members only.

Turk Ilac ve Serumnayi LT-Debt-to-Total-Asset Chart

Turk Ilac ve Serumnayi Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.07

0.06

0.02

Turk Ilac ve Serumnayi Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.04	0.02	0.02	0.01	0.02

Turk Ilac ve Serumnayi LT-Debt-to-Total-Asset Calculation

Turk Ilac ve Serumnayi'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 )
	=	18.882	/	1044.339
	=	0.02

Turk Ilac ve Serumnayi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	25.506	/	1605.532
	=	0.02

Turk Ilac ve Serumnayi (IST:TRILC) 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.

Turk Ilac ve Serumnayi LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Turk Ilac ve Serumnayi's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Turk Ilac ve Serumnayi (IST:TRILC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Turk Ilac ve Serum Sanayi (IST:TRILC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bügduz Mah. Enver Pasa Cad., No: 8 Akyurt, Ankara, TUR, TR 06750

Website

http://www.turkilac.com.tr

Turk Ilac ve Serum Sanayi is engaged in the production of human pharmaceuticals and vaccines.

Turk Ilac ve Serumnayi (IST:TRILC) Headlines

No Headlines