Sekerbank TAS (IST:SKBNK) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Sekerbank TAS 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. Sekerbank TAS's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.17.

Sekerbank TAS's long-term debt to total assets ratio increased from Dec. 2022 (0.14) to Dec. 2023 (0.17). It may suggest that Sekerbank TAS is progressively becoming more dependent on debt to grow their business.

Sekerbank TAS LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sekerbank TAS'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.

Sekerbank TAS LT-Debt-to-Total-Asset Chart

Sekerbank TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.12

0.19

0.14

0.17

Sekerbank TAS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.12	0.15	0.16	0.17

Sekerbank TAS LT-Debt-to-Total-Asset Calculation

Sekerbank TAS's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	15189.669	/	90741.896
	=	0.17

Sekerbank TAS's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	15189.669	/	90741.896
	=	0.17

Sekerbank TAS (IST:SKBNK) 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.

Sekerbank TAS LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sekerbank TAS's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sekerbank TAS (IST:SKBNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sekerbank TAS (IST:SKBNK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eski Buyukdere Cad. No. 1/1A, Guvenlik Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415

Website

https://www.sekerbank.com.tr

Sekerbank TAS is a co-operative bank operating in Turkey, primarily in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank's strategy emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's loan book is diversified but has just less than half of its exposure to the service industry.

Sekerbank TAS (IST:SKBNK) Headlines

No Headlines