Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Cash-to-Debt : 0.42 (As of Mar. 2024)

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What is Borusan Birlesik Boru Fabrikalarinayi 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. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.42.

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, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt or its related term are showing as below:

IST:BRSAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.44
Current: 0.42

During the past 13 years, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's highest Cash to Debt Ratio was 0.44. The lowest was 0.07. And the median was 0.21.

IST:BRSAN's Cash-to-Debt is ranked worse than
50.49% of 614 companies
in the Steel industry
Industry Median: 0.43 vs IST:BRSAN: 0.42

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cash-to-Debt Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi 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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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cash-to-Debt Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.37

0.28

0.44

0.17

0.37

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.30	0.43	0.34	0.37	0.42

Competitive Comparison of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt falls into.

Borusan Birlesik Boru Fabrikalarinayi 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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)
	=	3808.588	/	(7805.12	+	2461.795)
	=	0.37

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	4209.94	/	(7400.488	+	2675.582)
	=	0.42

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IST:BRSAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427

Website

https://www.borusanmannesmann.com

Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

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