Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Baticim Bati Anadolu Cimentonayii 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. Baticim Bati Anadolu Cimentonayii AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, Baticim Bati Anadolu Cimentonayii 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 Baticim Bati Anadolu Cimentonayii AS's Cash-to-Debt or its related term are showing as below:

IST:BTCIM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.51
Current: 0.07

During the past 13 years, Baticim Bati Anadolu Cimentonayii AS's highest Cash to Debt Ratio was 0.51. The lowest was 0.01. And the median was 0.06.

IST:BTCIM's Cash-to-Debt is ranked worse than
86.88% of 381 companies
in the Building Materials industry
Industry Median: 0.47 vs IST:BTCIM: 0.07

Baticim Bati Anadolu Cimentonayii AS Cash-to-Debt Historical Data

The historical data trend for Baticim Bati Anadolu Cimentonayii 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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Baticim Bati Anadolu Cimentonayii AS Cash-to-Debt Chart

Baticim Bati Anadolu Cimentonayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.06

0.01

0.04

0.07

Baticim Bati Anadolu Cimentonayii 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															0.04	0.03	0.02	0.03	0.07

Competitive Comparison of Baticim Bati Anadolu Cimentonayii AS's Cash-to-Debt

For the Building Materials subindustry, Baticim Bati Anadolu Cimentonayii 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.

Baticim Bati Anadolu Cimentonayii AS's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Baticim Bati Anadolu Cimentonayii AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Baticim Bati Anadolu Cimentonayii AS's Cash-to-Debt falls into.

Baticim Bati Anadolu Cimentonayii 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.

Baticim Bati Anadolu Cimentonayii 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)
	=	311.457	/	(1391.729	+	3369.29)
	=	0.07

Baticim Bati Anadolu Cimentonayii 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)
	=	311.457	/	(1391.729	+	3369.29)
	=	0.07

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) 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.

Baticim Bati Anadolu Cimentonayii AS Cash-to-Debt Related Terms

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

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Baticim Bati Anadolu Cimento Sanayii AS (IST:BTCIM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ankara Caddesi No:335, Bornova, Izmir, TUR, 35050

Website

http://www.baticim.com.tr

Baticim Bati Anadolu Cimento Sanayii AS is engaged in the production and marketing of cement, ready-mixed concrete, gravel, and cement clinker. Its products and services include concrete, aggregates, and logistics. Its cement product comprises of Portland cement, Portland composite cement; concrete, comprising standard and special concrete. Further, it offers logistics services, such as marine cargo handling and harbor operations management.

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Headlines

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