Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Tetamat Gida Yatirimlari Anonim Sirketi 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. Tetamat Gida Yatirimlari Anonim Sirketi's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Tetamat Gida Yatirimlari Anonim Sirketi could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt or its related term are showing as below:

IST:TETMT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.17 Max: No Debt
Current: 4.56

During the past 12 years, Tetamat Gida Yatirimlari Anonim Sirketi's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.17.

IST:TETMT's Cash-to-Debt is ranked better than
78.46% of 1815 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs IST:TETMT: 4.56

Tetamat Gida Yatirimlari Anonim Sirketi Cash-to-Debt Historical Data

The historical data trend for Tetamat Gida Yatirimlari Anonim Sirketi'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.

* Premium members only.

Tetamat Gida Yatirimlari Anonim Sirketi Cash-to-Debt Chart

Tetamat Gida Yatirimlari Anonim Sirketi Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.03

558.83

0.02

No Debt

Tetamat Gida Yatirimlari Anonim Sirketi Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															558.83	0.32	0.02	0.01	No Debt

Competitive Comparison of Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt

For the Packaged Foods subindustry, Tetamat Gida Yatirimlari Anonim Sirketi'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.

Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt falls into.

Tetamat Gida Yatirimlari Anonim Sirketi 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.

Tetamat Gida Yatirimlari Anonim Sirketi's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Tetamat Gida Yatirimlari Anonim Sirketi had no debt ⁽¹⁾.

Tetamat Gida Yatirimlari Anonim Sirketi's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Tetamat Gida Yatirimlari Anonim Sirketi had no debt ⁽¹⁾.

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) 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.

Tetamat Gida Yatirimlari Anonim Sirketi Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Tetamat Gida Yatirimlari Anonim Sirketi's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mustafa Kemal mah. 2129, Cad. no:6/A Sogutozu, Cankaya, Ankara, TUR

Website

https://www.tazekuru.com

Taze Kuru Gida Sanayi ve Ticaret A.S. provides packaged dried fruits and vegetables. Its products include cinnamon apple, apricots, plums, orange, pineapple, onion, pumpkin, red pepper chubby, wrapped fruit tea and red fruit tea.

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Headlines

No Headlines

Tetamat Gida Yatirimlari Anonim Sirketi (IST:TETMT) Cash-to-Debt : No Debt (1) (As of Dec. 2023)