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Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is Luks Kadife Ticaret Ve Ssanayii AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Luks Kadife Ticaret Ve Ssanayii AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺804.6 Mil. Luks Kadife Ticaret Ve Ssanayii AS's Total Assets for the quarter that ended in Dec. 2023 was ₺1,127.5 Mil. Therefore, Luks Kadife Ticaret Ve Ssanayii AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset or its related term are showing as below:

IST:LUKSK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.55   Max: 0.71
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Luks Kadife Ticaret Ve Ssanayii AS was 0.71. The lowest was 0.46. And the median was 0.55.

IST:LUKSK's Equity-to-Asset is ranked better than
75.41% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs IST:LUKSK: 0.71

Luks Kadife Ticaret Ve Ssanayii AS Equity-to-Asset Historical Data

The historical data trend for Luks Kadife Ticaret Ve Ssanayii AS'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.

Luks Kadife Ticaret Ve Ssanayii AS Equity-to-Asset Chart

Luks Kadife Ticaret Ve Ssanayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.50 0.46 0.57 0.71

Luks Kadife Ticaret Ve Ssanayii AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.57 0.52 0.51 0.52 0.71

Competitive Comparison of Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset

For the Textile Manufacturing subindustry, Luks Kadife Ticaret Ve Ssanayii AS'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.


Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset falls into.



Luks Kadife Ticaret Ve Ssanayii AS 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.

Luks Kadife Ticaret Ve Ssanayii AS'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
=804.559/1127.451
=0.71

Luks Kadife Ticaret Ve Ssanayii AS'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
=804.559/1127.451
=0.71

* 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.


Luks Kadife Ticaret Ve Ssanayii AS  (IST:LUKSK) 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%.


Luks Kadife Ticaret Ve Ssanayii AS Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Luks Kadife Ticaret Ve Ssanayii AS's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Business Description

Traded in Other Exchanges
N/A
Address
Merter Is Merkezi Maltepe Mh. General, Ali Riza Gurcan Cd, Eski Cirpici Sk. No 2, Kat 9 Merter, Istanbul, TUR
Luks Kadife Ticaret Ve Ssanayii AS is engaged in the manufacturing and distribution of various kinds of Velvet fabrics for Garment, Upholstery, Curtain and Decoration. It exports its 40 percent of the capacity to U.S.A., Germany, France and Italy among others.

Luks Kadife Ticaret Ve Ssanayii AS (IST:LUKSK) Headlines

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