Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Cash-to-Debt : 2,988.98 (As of Jun. 2024)

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What is Adra Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Adra Gayrimenkul Yatirim Ortakligi AS's cash to debt ratio for the quarter that ended in Jun. 2024 was 2,988.98.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Adra Gayrimenkul Yatirim Ortakligi AS could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt or its related term are showing as below:

IST:ADGYO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 2988.98 Max: 56408.74
Current: 2988.98

During the past 4 years, Adra Gayrimenkul Yatirim Ortakligi AS's highest Cash to Debt Ratio was 56408.74. The lowest was 0.26. And the median was 2988.98.

IST:ADGYO's Cash-to-Debt is ranked better than
79.81% of 837 companies
in the REITs industry
Industry Median: 0.08 vs IST:ADGYO: 2988.98

Adra Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Historical Data

The historical data trend for Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Adra Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Chart

Adra Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

0.26

68.13

30,755.55

Adra Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	56,408.74	30,755.55	61.90	2,988.98

Competitive Comparison of Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt

For the REIT - Residential subindustry, Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Adra Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt falls into.

Adra Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Adra Gayrimenkul Yatirim Ortakligi AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1906.844	/	(0.062	+	0)
	=	30,755.55

Adra Gayrimenkul Yatirim Ortakligi AS's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1096.954	/	(0.367	+	0)
	=	2,988.98

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Adra Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Related Terms

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Adra Gayrimenkul Yatirim Ortakligi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Caybasi Mahallesi Aydin, Cad No:51A Torbali, Izmir, TUR

Website

https://www.adragyo.com.tr

Adra Gayrimenkul Yatirim Ortakligi AS is a Turkey company based providing real estate services. The company has undertaken projects which are Adra Yali, Adra Yasam, Adra Edremit..

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