Erciyas Celik Borunayi (IST:ERCB) Cash-to-Debt : 0.04 (As of Jun. 2024)

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What is Erciyas Celik Borunayi 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. Erciyas Celik Borunayi's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.04.

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, Erciyas Celik Borunayi couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

IST:ERCB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.14
Current: 0.04

During the past 4 years, Erciyas Celik Borunayi's highest Cash to Debt Ratio was 0.14. The lowest was 0.02. And the median was 0.07.

IST:ERCB's Cash-to-Debt is ranked worse than
88.96% of 625 companies
in the Steel industry
Industry Median: 0.38 vs IST:ERCB: 0.04

Erciyas Celik Borunayi Cash-to-Debt Historical Data

The historical data trend for Erciyas Celik Borunayi'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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Erciyas Celik Borunayi Cash-to-Debt Chart

Erciyas Celik Borunayi Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.11

0.14

0.06

0.07

Erciyas Celik Borunayi Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial									0.14	0.06	0.07	0.02	0.04

Competitive Comparison of Erciyas Celik Borunayi's Cash-to-Debt

For the Steel subindustry, Erciyas Celik Borunayi'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.

Erciyas Celik Borunayi's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Erciyas Celik Borunayi's Cash-to-Debt falls into.

Erciyas Celik Borunayi 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.

Erciyas Celik Borunayi'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)
	=	250.749	/	(3032.267	+	676.041)
	=	0.07

Erciyas Celik Borunayi'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)
	=	176.842	/	(3877.892	+	699.092)
	=	0.04

Erciyas Celik Borunayi (IST:ERCB) 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.

Erciyas Celik Borunayi Cash-to-Debt Related Terms

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

Erciyas Celik Borunayi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Erciyas Celik Boru Sanayi (IST:ERCB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR

Website

https://erciyas.com/erciyas-celik-boru

Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

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