Arcelik AS (IST:ARCLK) Cash-to-Debt : 0.44 (As of Mar. 2024)

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What is Arcelik 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. Arcelik AS's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.44.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Arcelik AS couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

IST:ARCLK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.43 Max: 0.7
Current: 0.44

During the past 13 years, Arcelik AS's highest Cash to Debt Ratio was 0.70. The lowest was 0.21. And the median was 0.43.

IST:ARCLK's Cash-to-Debt is ranked worse than
66.67% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.935 vs IST:ARCLK: 0.44

Arcelik AS Cash-to-Debt Historical Data

The historical data trend for Arcelik 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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Arcelik AS Cash-to-Debt Chart

Arcelik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.46

0.70

0.49

0.48

Arcelik AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.47	0.41	0.47	0.48	0.44

Competitive Comparison of Arcelik AS's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Arcelik 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.

Arcelik AS's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Arcelik AS's Cash-to-Debt falls into.

Arcelik 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.

Arcelik 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)
	=	48791.778	/	(57448.389	+	44461.154)
	=	0.48

Arcelik AS's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	46600.785	/	(57543.906	+	49220.623)
	=	0.44

Arcelik AS (IST:ARCLK) 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.

Arcelik AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Arcelik AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Arcelik AS (IST:ARCLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Arcelik AS (IST:ARCLK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ACKAY:USA RCAA:Germany

Address

Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445

Website

http://www.arcelikas.com

Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.

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