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Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS (IST:ALMAD) Cash-to-Debt : No Debt (1) (As of Sep. 2024)


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What is Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret 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. Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt (1).

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, Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

The historical rank and industry rank for Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash-to-Debt or its related term are showing as below:

IST:ALMAD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.31   Max: No Debt
Current: 4644.2

During the past 13 years, Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.31.

IST:ALMAD's Cash-to-Debt is ranked better than
81.71% of 175 companies
in the Other Energy Sources industry
Industry Median: 1.42 vs IST:ALMAD: 4644.20

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Cash-to-Debt Historical Data

The historical data trend for Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret 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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Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Cash-to-Debt Chart

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 49.89 1,362.43 9.71 3,853.12

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt 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 No Debt 3,853.12 4,249.78 No Debt No Debt

Competitive Comparison of Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash-to-Debt

For the Thermal Coal subindustry, Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret 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.


Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash-to-Debt falls into.



Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret 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.

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS had no debt (1).

* 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.


Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS  (IST:ALMAD) 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.


Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Cash-to-Debt Related Terms

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Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Mh. Ozan Abay St. No: 10, Ege Perla Floor: 12 D, 123 Konak, Izmir, TUR, 10035
Altinyag Madencilik Ve Enerji Yatirimlari Sanayi Ve Ticaret AS is engaged in Run-of-Mine Lignite Coal.

Altinyag Madencilik Ve Enerji Yatirimlarinayi Ve Ticaret AS Headlines

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