Turk Telekomunikasyon AS (IST:TTKOM) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2024)

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What is Turk Telekomunikasyon 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. Turk Telekomunikasyon AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.19.

Turk Telekomunikasyon AS's long-term debt to total assets ratio declined from Sep. 2023 (0.25) to Sep. 2024 (0.19). It may suggest that Turk Telekomunikasyon AS is progressively becoming less dependent on debt to grow their business.

Turk Telekomunikasyon AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turk Telekomunikasyon 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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Turk Telekomunikasyon AS LT-Debt-to-Total-Asset Chart

Turk Telekomunikasyon AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.36

0.34

0.39

0.26

0.17

Turk Telekomunikasyon 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															0.25	0.17	0.11	0.18	0.19

Turk Telekomunikasyon AS LT-Debt-to-Total-Asset Calculation

Turk Telekomunikasyon 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 )
	=	32500.749	/	194720.878
	=	0.17

Turk Telekomunikasyon 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 )
	=	46630.408	/	243265.938
	=	0.19

Turk Telekomunikasyon AS (IST:TTKOM) 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 Telekomunikasyon AS LT-Debt-to-Total-Asset Related Terms

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Turk Telekomunikasyon AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turk Telekomunikasyon AS (IST:TTKOM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TRKNY:USA 4TTA:Germany

Address

Turgut Ozal Bulvari, Aydinlikevler, Ankara, TUR, 06103

Website

https://www.turktelekom.com.tr

Turk Telekomunikasyon AS is a multi-play telecommunications company that provides broadband, mobile, and TV services for companies and individuals. From a product perspective, revenue comes from mobile and broadband products, which are typically offered on a subscription basis. Within mobile, however, there is roughly an even split between postpaid and prepaid customers. Additionally, Turk Telekomunikasyon owns mobile and fiber infrastructure. The company generates the vast majority of its revenue in Turkey. The Group has two main segments; fixed line and mobile. Fixed line services are provided by Turk Telekom, TTNet, Argela, Innova, Sebit, AssisTT, TTES, TT Venture, TT Destek Hizmetleri and TTINT Group whereas mobile service is provided by TT Mobil.

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