Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

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What is Avrupakent Gayrimenkul Yatirim Ortakligi 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. Avrupakent Gayrimenkul Yatirim Ortakligi's cash to debt ratio for the quarter that ended in Jun. 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, Avrupakent Gayrimenkul Yatirim Ortakligi could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Avrupakent Gayrimenkul Yatirim Ortakligi's Cash-to-Debt or its related term are showing as below:

IST:AVPGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: No Debt Max: No Debt
Current: No Debt

During the past 4 years, Avrupakent Gayrimenkul Yatirim Ortakligi's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was No Debt.

IST:AVPGY's Cash-to-Debt is ranked better than
99.66% of 1787 companies
in the Real Estate industry
Industry Median: 0.25 vs IST:AVPGY: No Debt

Avrupakent Gayrimenkul Yatirim Ortakligi Cash-to-Debt Historical Data

The historical data trend for Avrupakent Gayrimenkul Yatirim Ortakligi'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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Avrupakent Gayrimenkul Yatirim Ortakligi Cash-to-Debt Chart

Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.45

0.12

0.93

No Debt

Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Real Estate - Diversified subindustry, Avrupakent Gayrimenkul Yatirim Ortakligi'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.

Avrupakent Gayrimenkul Yatirim Ortakligi's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Avrupakent Gayrimenkul Yatirim Ortakligi 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.

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

Avrupakent Gayrimenkul Yatirim Ortakligi had no debt ⁽¹⁾.

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

Avrupakent Gayrimenkul Yatirim Ortakligi had no debt ⁽¹⁾.

Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) 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.

Avrupakent Gayrimenkul Yatirim Ortakligi Cash-to-Debt Related Terms

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

Avrupakent Gayrimenkul Yatirim Ortakligi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atakoy 7-8-9-10, Kisim Mah C. Cesme E-5, Yanyol Cad.N.8/2/7, Bakirkoy, Istanbul, TUR

Website

https://www.avrupakentgyo.com

Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.

Avrupakent Gayrimenkul Yatirim Ortakligi Headlines

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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Cash-to-Debt : No Debt (1) (As of Jun. 2024)