Marshall Boya VE Verniknayii AS (IST:MRSHL) Cash-to-Debt : 1.68 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Marshall Boya VE Verniknayii 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. Marshall Boya VE Verniknayii AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.68.

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, Marshall Boya VE Verniknayii AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Marshall Boya VE Verniknayii AS's Cash-to-Debt or its related term are showing as below:

IST:MRSHL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 1.46 Max: No Debt
Current: 1.68

During the past 12 years, Marshall Boya VE Verniknayii AS's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was 1.46.

IST:MRSHL's Cash-to-Debt is ranked better than
64.55% of 1509 companies
in the Chemicals industry
Industry Median: 0.74 vs IST:MRSHL: 1.68

Marshall Boya VE Verniknayii AS Cash-to-Debt Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Cash-to-Debt Chart

Marshall Boya VE Verniknayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.51

1.32

0.34

1.61

1.68

Marshall Boya VE Verniknayii AS Semi-Annual Data
	Dec09	Dec10	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial							0.51	1.32	0.34	1.61	1.68

Competitive Comparison of Marshall Boya VE Verniknayii AS's Cash-to-Debt

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Cash-to-Debt falls into.

Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii 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)
	=	615.137	/	(367.075	+	0.078)
	=	1.68

Marshall Boya VE Verniknayii AS's Cash to Debt Ratio for the quarter 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)
	=	615.137	/	(367.075	+	0.078)
	=	1.68

Marshall Boya VE Verniknayii AS (IST:MRSHL) 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.

Marshall Boya VE Verniknayii AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Marshall Boya VE Verniknayii AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Marshall Boya VE Vernik Sanayii AS (IST:MRSHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455

Website

http://www.marshallboya.com

Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

No Headlines