Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Alkim Kagitnayi ve Ticaret 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. Alkim Kagitnayi ve Ticaret AS's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Alkim Kagitnayi ve Ticaret AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Alkim Kagitnayi ve Ticaret AS's Cash-to-Debt or its related term are showing as below:

IST:ALKA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 5001.52 Max: 16075.75
Current: No Debt

During the past 13 years, Alkim Kagitnayi ve Ticaret AS's highest Cash to Debt Ratio was 16075.75. The lowest was 0.76. And the median was 5001.52.

IST:ALKA's Cash-to-Debt is ranked better than
99.3% of 286 companies
in the Forest Products industry
Industry Median: 0.325 vs IST:ALKA: No Debt

Alkim Kagitnayi ve Ticaret AS Cash-to-Debt Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret 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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Alkim Kagitnayi ve Ticaret AS Cash-to-Debt Chart

Alkim Kagitnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.85

No Debt

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
	Dec05	Dec06	Dec07	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														2.85	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Alkim Kagitnayi ve Ticaret AS's Cash-to-Debt

For the Paper & Paper Products subindustry, Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Kagitnayi ve Ticaret AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alkim Kagitnayi ve Ticaret AS's Cash-to-Debt falls into.

Alkim Kagitnayi ve Ticaret 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.

Alkim Kagitnayi ve Ticaret AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Alkim Kagitnayi ve Ticaret AS had no debt ⁽¹⁾.

Alkim Kagitnayi ve Ticaret AS's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Alkim Kagitnayi ve Ticaret AS had no debt ⁽¹⁾.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) 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.

Alkim Kagitnayi ve Ticaret AS Cash-to-Debt Related Terms

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

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Kagit Sanayi ve Ticaret AS (IST:ALKA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730

Website

http://www.alkimkagit.com.tr

Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

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Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Cash-to-Debt : No Debt (1) (As of Dec. 2023)