Kuzey Boru AS (IST:KBORU) Cash-to-Debt : 0.68 (As of Sep. 2024)

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What is Kuzey Boru 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. Kuzey Boru AS's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.68.

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, Kuzey Boru 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 Kuzey Boru AS's Cash-to-Debt or its related term are showing as below:

IST:KBORU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 1.49
Current: 0.94

During the past 4 years, Kuzey Boru AS's highest Cash to Debt Ratio was 1.49. The lowest was 0.05. And the median was 0.13.

IST:KBORU's Cash-to-Debt is ranked better than
65.21% of 388 companies
in the Building Materials industry
Industry Median: 0.42 vs IST:KBORU: 0.94

Kuzey Boru AS Cash-to-Debt Historical Data

The historical data trend for Kuzey Boru 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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Kuzey Boru AS Cash-to-Debt Chart

Kuzey Boru AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.07

0.19

0.07

1.49

Kuzey Boru AS Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial						N/A	1.49	1.43	0.94	0.68

Competitive Comparison of Kuzey Boru AS's Cash-to-Debt

For the Building Materials subindustry, Kuzey Boru 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.

Kuzey Boru AS's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuzey Boru AS's Cash-to-Debt distribution charts can be found below:

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

Kuzey Boru 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.

Kuzey Boru 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)
	=	703.076	/	(399.295	+	72.903)
	=	1.49

Kuzey Boru 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)
	=	441.554	/	(309.631	+	344.117)
	=	0.68

Kuzey Boru AS (IST:KBORU) 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.

Kuzey Boru AS Cash-to-Debt Related Terms

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Kuzey Boru AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kuzey Boru AS (IST:KBORU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirimli OSB Mah. Find, Mehmetcik Blv No. 2, Mehmetcik, TUR

Website

https://www.kuzeyboru.com.tr

Kuzey Boru AS is a company whose main activity is the production of plastic pipes and adding parts, all kinds of steel, drawn pipe, concrete pipe, polyethylene pipe, polypropylene pipe, ductile pipe and its products. It carries out production, import-export and domestic trade.

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