Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) Cash-to-Debt : 0.15 (As of Jun. 2024)

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What is Otokar Otomotiv Vevunmanayi 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. Otokar Otomotiv Vevunmanayi AS's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.15.

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, Otokar Otomotiv Vevunmanayi AS 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 Otokar Otomotiv Vevunmanayi AS's Cash-to-Debt or its related term are showing as below:

IST:OTKAR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.42
Current: 0.15

During the past 13 years, Otokar Otomotiv Vevunmanayi AS's highest Cash to Debt Ratio was 0.42. The lowest was 0.01. And the median was 0.15.

IST:OTKAR's Cash-to-Debt is ranked worse than
79.34% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs IST:OTKAR: 0.15

Otokar Otomotiv Vevunmanayi AS Cash-to-Debt Historical Data

The historical data trend for Otokar Otomotiv Vevunmanayi 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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Otokar Otomotiv Vevunmanayi AS Cash-to-Debt Chart

Otokar Otomotiv Vevunmanayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.28

0.27

0.23

0.42

Otokar Otomotiv Vevunmanayi AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.27	0.42	0.23	0.15

Competitive Comparison of Otokar Otomotiv Vevunmanayi AS's Cash-to-Debt

For the Auto Manufacturers subindustry, Otokar Otomotiv Vevunmanayi 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.

Otokar Otomotiv Vevunmanayi AS's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Otokar Otomotiv Vevunmanayi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Otokar Otomotiv Vevunmanayi AS's Cash-to-Debt falls into.

Otokar Otomotiv Vevunmanayi 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.

Otokar Otomotiv Vevunmanayi 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)
	=	6835.775	/	(13824.398	+	2308.095)
	=	0.42

Otokar Otomotiv Vevunmanayi AS'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)
	=	2903.363	/	(9413.454	+	10428.513)
	=	0.15

Otokar Otomotiv Vevunmanayi AS (IST:OTKAR) 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.

Otokar Otomotiv Vevunmanayi AS Cash-to-Debt Related Terms

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

Otokar Otomotiv Vevunmanayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Otokar Otomotiv Ve Savunma Sanayi AS (IST:OTKAR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aydinevler Mahallesi, Saygi Caddesi No: 58, Maltepe, Istanbul, TUR, 34854

Website

https://www.otokar.com

Otokar Otobus Karoseri Sanayi AS is an automobile manufacturing company domiciled in Turkey. Commercial passenger transportation, the most significant contributor to company revenue, includes buses and minibusses. Commercial cargo transportation includes trailers, semitrailers, and light trucks. Defense industry land systems include tactically wheeled and armored vehicles, tracked armored vehicles, and turret systems. The company derives the majority of its revenue domestically.

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