Yapi Ve Kredi Bankasi AS (IST:YKBNK) Cash-to-Debt : 0.77 (As of Mar. 2024)

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What is Yapi Ve Kredi Bankasi 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. Yapi Ve Kredi Bankasi AS's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.77.

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, Yapi Ve Kredi Bankasi AS couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Yapi Ve Kredi Bankasi AS's Cash-to-Debt or its related term are showing as below:

IST:YKBNK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 0.65 Max: 1
Current: 0.77

During the past 13 years, Yapi Ve Kredi Bankasi AS's highest Cash to Debt Ratio was 1.00. The lowest was 0.54. And the median was 0.65.

IST:YKBNK's Cash-to-Debt is ranked worse than
64.04% of 1432 companies
in the Banks industry
Industry Median: 1.3 vs IST:YKBNK: 0.77

Yapi Ve Kredi Bankasi AS Cash-to-Debt Historical Data

The historical data trend for Yapi Ve Kredi Bankasi 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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Yapi Ve Kredi Bankasi AS Cash-to-Debt Chart

Yapi Ve Kredi Bankasi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.84

0.61

0.74

0.86

0.93

Yapi Ve Kredi Bankasi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.00	0.99	0.97	0.93	0.77

Competitive Comparison of Yapi Ve Kredi Bankasi AS's Cash-to-Debt

For the Banks - Regional subindustry, Yapi Ve Kredi Bankasi 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.

Yapi Ve Kredi Bankasi AS's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yapi Ve Kredi Bankasi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yapi Ve Kredi Bankasi AS's Cash-to-Debt falls into.

Yapi Ve Kredi Bankasi AS Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Yapi Ve Kredi Bankasi AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	334868.273	/	(0	+	361704.986)
	=	0.93

Yapi Ve Kredi Bankasi AS's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	367044.616	/	(0	+	477791.875)
	=	0.77

Yapi Ve Kredi Bankasi AS (IST:YKBNK) 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.

Yapi Ve Kredi Bankasi AS Cash-to-Debt Related Terms

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

Yapi Ve Kredi Bankasi AS (IST:YKBNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Yapi Ve Kredi Bankasi AS (IST:YKBNK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yap? Kredi Plaza D Blok Levent, Istanbul, TUR, 34330

Website

http://www.yapikredi.com.tr

Yapi Ve Kredi Bankasi AS is a banking group operating in, and with its credit exposed nearly entirely to Turkey. The company's strategy emphasizes growth, profitability, and customer satisfaction. The Bank carries out its banking operations through two main business units Retail Banking and Corporate and Commercial Banking. The group also has domestic financial subsidiaries in asset management, brokerage, leasing, and factoring. An overwhelming majority of its outstanding shares are held by Koç Group, a largest conglomerate in Turkey. The group's largest contributor to revenue is retail banking, which includes card payment systems, as well as individual and small to midsize enterprise banking.

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