Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) Cash-to-Debt : 0.28 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Erbosan Erciyas Borunayii 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. Erbosan Erciyas Borunayii ve Ticaret AS's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.28.

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, Erbosan Erciyas Borunayii ve Ticaret AS couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Erbosan Erciyas Borunayii ve Ticaret AS's Cash-to-Debt or its related term are showing as below:

IST:ERBOS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 1.21 Max: 27.89
Current: 0.28

During the past 13 years, Erbosan Erciyas Borunayii ve Ticaret AS's highest Cash to Debt Ratio was 27.89. The lowest was 0.27. And the median was 1.21.

IST:ERBOS's Cash-to-Debt is ranked worse than
78.78% of 2993 companies
in the Industrial Products industry
Industry Median: 1.18 vs IST:ERBOS: 0.28

Erbosan Erciyas Borunayii ve Ticaret AS Cash-to-Debt Historical Data

The historical data trend for Erbosan Erciyas Borunayii 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.

* Premium members only.

Erbosan Erciyas Borunayii ve Ticaret AS Cash-to-Debt Chart

Erbosan Erciyas Borunayii 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

1.21

1.08

0.48

0.78

0.56

Erbosan Erciyas Borunayii 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															0.27	0.56	0.49	0.41	0.28

Competitive Comparison of Erbosan Erciyas Borunayii ve Ticaret AS's Cash-to-Debt

For the Metal Fabrication subindustry, Erbosan Erciyas Borunayii 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.

Erbosan Erciyas Borunayii ve Ticaret AS's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erbosan Erciyas Borunayii ve Ticaret AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Erbosan Erciyas Borunayii ve Ticaret AS's Cash-to-Debt falls into.

Erbosan Erciyas Borunayii 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.

Erbosan Erciyas Borunayii ve Ticaret 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)
	=	431.966	/	(739.485	+	29.491)
	=	0.56

Erbosan Erciyas Borunayii ve Ticaret AS's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	283.695	/	(1023.153	+	0)
	=	0.28

Erbosan Erciyas Borunayii ve Ticaret AS (IST:ERBOS) 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.

Erbosan Erciyas Borunayii ve Ticaret AS Cash-to-Debt Related Terms

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

Erbosan Erciyas Borunayii ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Erbosan Erciyas Boru Sanayii ve Ticaret AS (IST:ERBOS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

895 Sokak PK.375, Anbar Mahallesi, Kayseri, TUR

Website

http://www.erbosan.com.tr

Erbosan Erciyas Boru Sanayii ve Ticaret AS is a Turkey-based company engaged mainly in the business of manufacturing pipes. The product portfolio of the company includes Black Pipes, Galvanized Pipes, Hollow Sections, Gas and Line Pipes, Industrial Tubes and Sprinkler Pipes.

Erbosan Erciyas Borunayii ve Ticaret AS Headlines

No Headlines