Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (IST:BASGZ) Cash-to-Debt : 2.69 (As of Dec. 2020)

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What is Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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. Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's cash to debt ratio for the quarter that ended in Dec. 2020 was 2.69.

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, Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS could pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

The historical rank and industry rank for Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt or its related term are showing as below:

IST:BASGZ's Cash-to-Debt is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 0.25
* Ranked among companies with meaningful Cash-to-Debt only.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Historical Data

The historical data trend for Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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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Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Chart

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec18

Dec19

Dec20

Cash-to-Debt

1.52

3.47

2.69

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Semi-Annual Data
	Dec18	Dec19	Dec20
Cash-to-Debt	1.52	3.47	2.69

Competitive Comparison of Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt falls into.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi 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.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	2606.521	/	(239.57	+	730.244)
	=	2.69

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash to Debt Ratio for the quarter that ended in Dec. 2020 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)
	=	2606.521	/	(239.57	+	730.244)
	=	2.69

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (IST:BASGZ) 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.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (IST:BASGZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (IST:BASGZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kizilirmak Mah., Ufuk University. Chad. No:13/AB, Cukurambar, Ankara, TUR

Website

http://www.baskentdogalgaz.com.tr

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS is engaged in the distribution of gaseous fuels over the main pipeline.

Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS (IST:BASGZ) Headlines

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