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Sasa Polyesternayi AS (IST:SASA) Cash-to-Debt : 0.08 (As of Dec. 2023)


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What is Sasa Polyesternayi 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. Sasa Polyesternayi AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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

IST:SASA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.23
Current: 0.08

During the past 13 years, Sasa Polyesternayi AS's highest Cash to Debt Ratio was 0.23. The lowest was 0.01. And the median was 0.07.

IST:SASA's Cash-to-Debt is ranked worse than
79.09% of 1038 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.47 vs IST:SASA: 0.08

Sasa Polyesternayi AS Cash-to-Debt Historical Data

The historical data trend for Sasa Polyesternayi 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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Sasa Polyesternayi AS Cash-to-Debt Chart

Sasa Polyesternayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.07 0.18 0.03 0.08

Sasa Polyesternayi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.05 0.08 0.04 0.08

Competitive Comparison of Sasa Polyesternayi AS's Cash-to-Debt

For the Textile Manufacturing subindustry, Sasa Polyesternayi 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.


Sasa Polyesternayi AS's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sasa Polyesternayi AS's Cash-to-Debt distribution charts can be found below:

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



Sasa Polyesternayi 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.

Sasa Polyesternayi AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Sasa Polyesternayi AS's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Sasa Polyesternayi AS  (IST:SASA) 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.


Sasa Polyesternayi AS Cash-to-Debt Related Terms

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


Sasa Polyesternayi AS (IST:SASA) Business Description

Traded in Other Exchanges
N/A
Address
Sarihamzali Mahallesi Turhan Cemal Beriker Bulvari No 559, Seyhan, Adana, TUR, 01355
Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.

Sasa Polyesternayi AS (IST:SASA) Headlines

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