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Aselsan Elektroniknayi Ve Ticaret AS has a Cash Ratio of 0.23. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
IST:ASELS's Cash Ratio is ranked worse than 72.11% of 355
companies
in the Aerospace & Defense industry
Industry Median: 0.45
vs IST:ASELS: 0.23
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Aselsan Elektroniknayi Ve Ticaret AS Cash Ratio Related Terms
Aselsan Elektroniknayi Ve Ticaret AS Cash Ratio Historical Data
* 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.
Aselsan Elektroniknayi Ve Ticaret AS Cash Ratio Chart
For the Aerospace & Defense subindustry, Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Aselsan Elektroniknayi Ve Ticaret AS Cash Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio falls into.
* 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.
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Cash Ratio of 0.23 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. This is 10% above median its historical median of 0.21. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio has ranged from 0.03 to 1.02. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #256 out of 355 companies in the Aerospace & Defense industry, placing it in the top 72.1%.
Is Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Cash Ratio of 0.23 is 10% above median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.02. The Aerospace & Defense industry median Cash Ratio is 0.45. Aselsan Elektroniknayi Ve Ticaret AS's value of 0.23 is 48.9% below this industry median. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #256 out of 355 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Cash Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #256 out of 355 companies for Cash Ratio. This places Aselsan Elektroniknayi Ve Ticaret AS in the lower half of its industry. The industry median Cash Ratio is 0.45. Aselsan Elektroniknayi Ve Ticaret AS's value of 0.23 is 48.9% below this benchmark. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own Cash Ratio has ranged from 0.03 to 1.02 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.45, Aselsan Elektroniknayi Ve Ticaret AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Aerospace & Defense company?
The median Cash Ratio among Aerospace & Defense companies is 0.45, based on 355 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aselsan Elektroniknayi Ve Ticaret AS's current Cash Ratio of 0.23 is 48.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Cash Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current Cash Ratio is 0.23, which is 10% above median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺116.46, compared to a current price of ₺348.50 — trading 199.2% above its estimated fair value. The current Cash Ratio is 0.23, which is 10% above median its 10-year median of 0.21 and 48.9% below the Aerospace & Defense industry median of 0.45. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Cash Ratio is 0.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺348.50 is trading 199.2% above its estimated GF Value™ of ₺116.46.
GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:ASELS:
Cash Ratio: 0.23 (10% above median its 10-year median of 0.21)
GF Value™: ₺116.46 vs. price of ₺348.50 (199.2% above fair value)
Industry Position: 48.9% below the Aerospace & Defense median (#256 of 355)
No single metric tells the full story. See the IST:ASELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aselsan Elektroniknayi Ve Ticaret AS Business Description
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score
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