Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2023)

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What is Anel Elektrik Proje Taahhut ve 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. Anel Elektrik Proje Taahhut ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.14.

Anel Elektrik Proje Taahhut ve Ticaret AS's long-term debt to total assets ratio increased from Sep. 2022 (0.02) to Sep. 2023 (0.14). It may suggest that Anel Elektrik Proje Taahhut ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Anel Elektrik Proje Taahhut ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anel Elektrik Proje Taahhut ve 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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Anel Elektrik Proje Taahhut ve Ticaret AS LT-Debt-to-Total-Asset Chart

Anel Elektrik Proje Taahhut ve Ticaret AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.09

0.08

0.06

0.03

0.01

Anel Elektrik Proje Taahhut ve Ticaret AS Quarterly Data
	Dec18	Mar19	Jun19	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															0.02	0.01	0.01	0.02	0.14

Anel Elektrik Proje Taahhut ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Anel Elektrik Proje Taahhut ve Ticaret AS'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 )
	=	61.909	/	4898.774
	=	0.01

Anel Elektrik Proje Taahhut ve Ticaret AS'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 )
	=	874.82	/	6324.638
	=	0.14

Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) 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.

Anel Elektrik Proje Taahhut ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anel Business Center, Saray Mah, Site Yolu Sokak No:5/4, Umraniye, Istanbul, TUR, 34768

Website

http://www.anel-elektrik.com

Anel Elektrik Proje Taahhut ve Ticaret A.S. offers electromechanical project contracting services. It develops electrical projects for airports, shopping centers & tourism facilities & is also engages in construction, leasing & maintenance operations.

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