RYSKF (Reysas Tasimacilik ve Lojistik Ticaret AS) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

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What is Reysas Tasimacilik ve Lojistik Ticaret 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. Reysas Tasimacilik ve Lojistik Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

Reysas Tasimacilik ve Lojistik Ticaret AS's long-term debt to total assets ratio declined from Mar. 2023 (0.33) to Mar. 2024 (0.25). It may suggest that Reysas Tasimacilik ve Lojistik Ticaret AS is progressively becoming less dependent on debt to grow their business.

Reysas Tasimacilik ve Lojistik Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Reysas Tasimacilik ve Lojistik Ticaret 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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Reysas Tasimacilik ve Lojistik Ticaret AS LT-Debt-to-Total-Asset Chart

Reysas Tasimacilik ve Lojistik Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.47

0.37

0.29

0.45

0.14

Reysas Tasimacilik ve Lojistik Ticaret AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.25	0.22	0.14	0.25

Reysas Tasimacilik ve Lojistik Ticaret AS LT-Debt-to-Total-Asset Calculation

Reysas Tasimacilik ve Lojistik Ticaret 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 )
	=	46.965	/	340.132
	=	0.14

Reysas Tasimacilik ve Lojistik Ticaret AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	75.063	/	295.894
	=	0.25

Reysas Tasimacilik ve Lojistik Ticaret AS (OTCPK:RYSKF) 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.

Reysas Tasimacilik ve Lojistik Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Reysas Tasimacilik ve Lojistik Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Reysas Tasimacilik ve Lojistik Ticaret AS (OTCPK:RYSKF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RYSAS:Turkey

Address

Abdurrahman Gazi Mahalle Guleryuz caddesi No: 23, Samand?ra-Sancaktepe, Istanbul, TUR, 34087

Website

http://www.reysas.com

Reysas Tasimacilik ve Lojistik Ticaret AS is engaged in marine, overland, rail and air freight business, and renting and management of its warehouses. It engages in the provision of real estate, transportation, storage, and logistics services. Its logistics solutions include local transportation and distribution, fuel logistics, automotive logistics, international services, warehousing, bonded warehousing, sea transportation, and railway transportation services. The technological solutions include Reysas software services, vehicle tracking systems, and customer specific applications.

Reysas Tasimacilik ve Lojistik Ticaret AS Headlines

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