Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2023)

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What is Orcay Ortakoy Caynayi 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. Orcay Ortakoy Caynayi Ve Ticaret AS's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.14.

Orcay Ortakoy Caynayi Ve Ticaret AS's long-term debt to total assets ratio increased from Sep. 2022 (0.03) to Sep. 2023 (0.14). It may suggest that Orcay Ortakoy Caynayi Ve Ticaret AS is progressively becoming more dependent on debt to grow their business.

Orcay Ortakoy Caynayi Ve Ticaret AS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Orcay Ortakoy Caynayi 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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Orcay Ortakoy Caynayi Ve Ticaret AS LT-Debt-to-Total-Asset Chart

Orcay Ortakoy Caynayi Ve Ticaret AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.15

0.09

0.11

0.02

Orcay Ortakoy Caynayi Ve Ticaret AS Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.03	0.02	0.02	0.17	0.14

Orcay Ortakoy Caynayi Ve Ticaret AS LT-Debt-to-Total-Asset Calculation

Orcay Ortakoy Caynayi 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 )
	=	10.672	/	465.623
	=	0.02

Orcay Ortakoy Caynayi 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 )
	=	96.558	/	670.418
	=	0.14

Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) 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.

Orcay Ortakoy Caynayi Ve Ticaret AS LT-Debt-to-Total-Asset Related Terms

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Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orcay Ortakoy Cay Sanayi Ve Ticaret AS (IST:ORCAY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ortakoy Koyu No:85, Guneysu, Rize, TUR, 53390

Website

https://www.orcay.com.tr

Orcay Ortakoy Cay Sanayi Ve Ticaret AS is a tea production company. Its products include packaged teas and gift teas.

Orcay Ortakoy Caynayi Ve Ticaret AS (IST:ORCAY) Headlines

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