Tera Yatirim Menkul Degerler AS (IST:TERA) Cash-to-Debt : 1.42 (As of Dec. 2023)

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What is Tera Yatirim Menkul Degerler 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. Tera Yatirim Menkul Degerler AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.42.

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, Tera Yatirim Menkul Degerler AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Tera Yatirim Menkul Degerler AS's Cash-to-Debt or its related term are showing as below:

IST:TERA' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 1.27 Max: 1.53
Current: 1.42

During the past 5 years, Tera Yatirim Menkul Degerler AS's highest Cash to Debt Ratio was 1.53. The lowest was 1.11. And the median was 1.27.

IST:TERA's Cash-to-Debt is ranked worse than
59.17% of 774 companies
in the Capital Markets industry
Industry Median: 2.245 vs IST:TERA: 1.42

Tera Yatirim Menkul Degerler AS Cash-to-Debt Historical Data

The historical data trend for Tera Yatirim Menkul Degerler 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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Tera Yatirim Menkul Degerler AS Cash-to-Debt Chart

Tera Yatirim Menkul Degerler AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.11

1.27

1.19

1.53

1.42

Tera Yatirim Menkul Degerler AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.19	1.23	1.53	1.08	1.42

Competitive Comparison of Tera Yatirim Menkul Degerler AS's Cash-to-Debt

For the Capital Markets subindustry, Tera Yatirim Menkul Degerler 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.

Tera Yatirim Menkul Degerler AS's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tera Yatirim Menkul Degerler AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tera Yatirim Menkul Degerler AS's Cash-to-Debt falls into.

Tera Yatirim Menkul Degerler 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.

Tera Yatirim Menkul Degerler 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)
	=	1306.357	/	(915.31	+	1.786)
	=	1.42

Tera Yatirim Menkul Degerler 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)
	=	1306.357	/	(915.31	+	1.786)
	=	1.42

Tera Yatirim Menkul Degerler AS (IST:TERA) 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.

Tera Yatirim Menkul Degerler AS Cash-to-Debt Related Terms

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Tera Yatirim Menkul Degerler AS (IST:TERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tera Yatirim Menkul Degerler AS (IST:TERA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eski Buyukdere Cad. No: 9, ?z Plaza Giz Kat:11, Sariyer, Maslak, Istanbul, TUR, 34485

Website

https://www.terayatirim.com

Tera Yatirim Menkul Degerler AS act as an intermediary on capital market instruments.

Tera Yatirim Menkul Degerler AS (IST:TERA) Headlines

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