Bor Seker AS (IST:BORSK) Cash-to-Debt : 0.83 (As of Sep. 2023)

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What is Bor Seker 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. Bor Seker AS's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.83.

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, Bor Seker AS couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Bor Seker AS's Cash-to-Debt or its related term are showing as below:

IST:BORSK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 0.83
Current: 0.83

During the past 3 years, Bor Seker AS's highest Cash to Debt Ratio was 0.83. The lowest was 0.00. And the median was 0.10.

IST:BORSK's Cash-to-Debt is ranked better than
58.95% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs IST:BORSK: 0.83

Bor Seker AS Cash-to-Debt Historical Data

The historical data trend for Bor Seker 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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Bor Seker AS Cash-to-Debt Chart

Bor Seker AS Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.21

Bor Seker AS Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	-	-	N/A	0.21	0.83

Competitive Comparison of Bor Seker AS's Cash-to-Debt

For the Confectioners subindustry, Bor Seker 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.

Bor Seker AS's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bor Seker AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Bor Seker AS's Cash-to-Debt falls into.

Bor Seker 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.

Bor Seker AS's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	80.197	/	(266.05	+	125.127)
	=	0.21

Bor Seker AS's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	393.173	/	(248.904	+	226.877)
	=	0.83

Bor Seker AS (IST:BORSK) 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.

Bor Seker AS Cash-to-Debt Related Terms

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Bor Seker AS (IST:BORSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bor Seker AS (IST:BORSK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Bor Seker AS is a company whose main activities are producing and trading crystal, granulated and cube sugar, fresh pulp, which is a by product of the sugar industry, dry pulp, molasses, dry molasses pulp, limestone, electricity production and trade of seeds and fertilizers. The products produced by the company are as follows which are crystal sugar, cube sugar, molasses, beet pulp.

Bor Seker AS (IST:BORSK) Headlines

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