Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Cash-to-Debt : 0.25 (As of Dec. 2023)

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What is Sarkuysan Elektrolitik Bakirnayi 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. Sarkuysan Elektrolitik Bakirnayi AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

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, Sarkuysan Elektrolitik Bakirnayi AS couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Sarkuysan Elektrolitik Bakirnayi AS's Cash-to-Debt or its related term are showing as below:

IST:SARKY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.25
Current: 0.25

During the past 13 years, Sarkuysan Elektrolitik Bakirnayi AS's highest Cash to Debt Ratio was 0.25. The lowest was 0.05. And the median was 0.10.

IST:SARKY's Cash-to-Debt is ranked worse than
82.89% of 2606 companies
in the Metals & Mining industry
Industry Median: 17.89 vs IST:SARKY: 0.25

Sarkuysan Elektrolitik Bakirnayi AS Cash-to-Debt Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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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Sarkuysan Elektrolitik Bakirnayi AS Cash-to-Debt Chart

Sarkuysan Elektrolitik Bakirnayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.08

0.15

0.14

0.25

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.08	0.15	0.15	0.14	0.25

Competitive Comparison of Sarkuysan Elektrolitik Bakirnayi AS's Cash-to-Debt

For the Copper subindustry, Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sarkuysan Elektrolitik Bakirnayi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sarkuysan Elektrolitik Bakirnayi AS's Cash-to-Debt falls into.

Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi 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)
	=	1464.216	/	(4585.04	+	1292.389)
	=	0.25

Sarkuysan Elektrolitik Bakirnayi 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)
	=	1464.216	/	(4585.04	+	1292.389)
	=	0.25

Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) 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.

Sarkuysan Elektrolitik Bakirnayi AS Cash-to-Debt Related Terms

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

Sarkuysan Elektrolitik Bakirnayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sarkuysan Elektrolitik Bakir Sanayi AS (IST:SARKY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700

Website

http://www.sarkuysan.com

Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

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