Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2015)

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What is Gimsan Gediz Iplik Ve Mensucatnayi 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. Gimsan Gediz Iplik Ve Mensucatnayi AS's cash to debt ratio for the quarter that ended in Dec. 2015 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, Gimsan Gediz Iplik Ve Mensucatnayi AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

(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 Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash-to-Debt or its related term are showing as below:

IST:GEDIZ's Cash-to-Debt is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.475
* Ranked among companies with meaningful Cash-to-Debt only.

Gimsan Gediz Iplik Ve Mensucatnayi AS Cash-to-Debt Historical Data

The historical data trend for Gimsan Gediz Iplik Ve Mensucatnayi 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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Gimsan Gediz Iplik Ve Mensucatnayi AS Cash-to-Debt Chart

Gimsan Gediz Iplik Ve Mensucatnayi AS Annual Data

Trend

Dec13

Dec14

Dec15

Cash-to-Debt

No Debt

Gimsan Gediz Iplik Ve Mensucatnayi AS Semi-Annual Data
	Dec13	Dec14	Dec15
Cash-to-Debt	No Debt	No Debt	No Debt

Competitive Comparison of Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash-to-Debt

For the Textile Manufacturing subindustry, Gimsan Gediz Iplik Ve Mensucatnayi 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash-to-Debt falls into.

Gimsan Gediz Iplik Ve Mensucatnayi 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Gimsan Gediz Iplik Ve Mensucatnayi AS had no debt ⁽¹⁾.

Gimsan Gediz Iplik Ve Mensucatnayi AS's Cash to Debt Ratio for the quarter that ended in Dec. 2015 is calculated as:

Gimsan Gediz Iplik Ve Mensucatnayi AS had no debt ⁽¹⁾.

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) 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.

Gimsan Gediz Iplik Ve Mensucatnayi AS Cash-to-Debt Related Terms

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

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gimsan Gediz Iplik Ve Mensucat Sanayi AS (IST:GEDIZ) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Esentepe Mah, Harman Caddesi, Ali Kaya Sokak No.4, Sisli, Levent, KUTAHYA, TUR, 34394

Website

http://www.gimsangediz.com

Gimsan Gediz Iplik Ve Mensucat Sanayi AS manufactures textile products. Its product portfolio comprises of cotton thread, open-end, ring carded and combed yarns as well as woven fabrics for the domestic and export markets.

Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Headlines

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Gimsan Gediz Iplik Ve Mensucatnayi AS (IST:GEDIZ) Cash-to-Debt : No Debt (1) (As of Dec. 2015)