GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) » Definitions » Equity-to-Asset

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Equity-to-Asset : 0.59 (As of Dec. 2023)


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What is Tetamat Gida Yatirimlari Anonim Sirketi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tetamat Gida Yatirimlari Anonim Sirketi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺65.46 Mil. Tetamat Gida Yatirimlari Anonim Sirketi's Total Assets for the quarter that ended in Dec. 2023 was ₺111.13 Mil. Therefore, Tetamat Gida Yatirimlari Anonim Sirketi's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset or its related term are showing as below:

IST:TETMT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03   Med: 0.35   Max: 0.88
Current: 0.59

During the past 12 years, the highest Equity to Asset Ratio of Tetamat Gida Yatirimlari Anonim Sirketi was 0.88. The lowest was -0.03. And the median was 0.35.

IST:TETMT's Equity-to-Asset is ranked better than
58.23% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs IST:TETMT: 0.59

Tetamat Gida Yatirimlari Anonim Sirketi Equity-to-Asset Historical Data

The historical data trend for Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-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.

Tetamat Gida Yatirimlari Anonim Sirketi Equity-to-Asset Chart

Tetamat Gida Yatirimlari Anonim Sirketi Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -0.03 0.88 0.22 0.59

Tetamat Gida Yatirimlari Anonim Sirketi Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-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 0.88 0.36 0.22 0.09 0.59

Competitive Comparison of Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset

For the Packaged Foods subindustry, Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset falls into.



Tetamat Gida Yatirimlari Anonim Sirketi Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Tetamat Gida Yatirimlari Anonim Sirketi's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=65.462/111.125
=0.59

Tetamat Gida Yatirimlari Anonim Sirketi's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=65.462/111.125
=0.59

* 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.


Tetamat Gida Yatirimlari Anonim Sirketi  (IST:TETMT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Tetamat Gida Yatirimlari Anonim Sirketi Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Tetamat Gida Yatirimlari Anonim Sirketi's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Business Description

Traded in Other Exchanges
N/A
Address
Mustafa Kemal mah. 2129, Cad. no:6/A Sogutozu, Cankaya, Ankara, TUR
Taze Kuru Gida Sanayi ve Ticaret A.S. provides packaged dried fruits and vegetables. Its products include cinnamon apple, apricots, plums, orange, pineapple, onion, pumpkin, red pepper chubby, wrapped fruit tea and red fruit tea.

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Headlines

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