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TKGBY (Turkiye Garanti Bankasi AS) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)


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What is Turkiye Garanti Bankasi 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. Turkiye Garanti Bankasi AS's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Turkiye Garanti Bankasi AS's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.08). It may suggest that Turkiye Garanti Bankasi AS is progressively becoming more dependent on debt to grow their business.

Turkiye Garanti Bankasi AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turkiye Garanti Bankasi 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.

* Premium members only.

Turkiye Garanti Bankasi AS LT-Debt-to-Total-Asset Chart

Turkiye Garanti Bankasi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.08 0.07 0.08

Turkiye Garanti Bankasi AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.09 0.09 0.08

Turkiye Garanti Bankasi AS LT-Debt-to-Total-Asset Calculation

Turkiye Garanti Bankasi AS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=6405.116/85868.543
=0.07

Turkiye Garanti Bankasi AS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=6405.116/85868.543
=0.07

* 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.

Turkiye Garanti Bankasi AS  (OTCPK:TKGBY) 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.

Turkiye Garanti Bankasi AS LT-Debt-to-Total-Asset Related Terms

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Turkiye Garanti Bankasi AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Garanti Bankasi AS (OTCPK:TKGBY) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
GARAN:Turkey GBKB:Germany
Address
Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Website
https://www.garantibbva.com.tr
Turkiye Garanti Bankasi AS is an integrated financial services group operating predominantly in Turkey but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's plan emphasizes customer service. The vast majority of its earning assets consist of loans, with a strong positioning in consumer loans, mortgages, and auto loans. The company's business segments include: Retail Banking, Corporate Banking, Investment Banking and Others.