Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Cash-to-Debt : 0.70 (As of Dec. 2023)

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What is Turkcell Iletisim Hizmetleri 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. Turkcell Iletisim Hizmetleri AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.70.

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, Turkcell Iletisim Hizmetleri AS couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TKC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 0.58 Max: 2.45
Current: 0.7

During the past 13 years, Turkcell Iletisim Hizmetleri AS's highest Cash to Debt Ratio was 2.45. The lowest was 0.37. And the median was 0.58.

TKC's Cash-to-Debt is ranked better than
62.92% of 383 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs TKC: 0.70

Turkcell Iletisim Hizmetleri AS Cash-to-Debt Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri 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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Turkcell Iletisim Hizmetleri AS Cash-to-Debt Chart

Turkcell Iletisim Hizmetleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.52

0.58

0.51

0.57

0.70

Turkcell Iletisim Hizmetleri AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.57	0.56	0.60	0.64	0.70

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Cash-to-Debt

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Cash-to-Debt falls into.

Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri 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)
	=	2023.807	/	(898.873	+	1992.791)
	=	0.70

Turkcell Iletisim Hizmetleri 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)
	=	2023.807	/	(898.873	+	1992.791)
	=	0.70

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) 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.

Turkcell Iletisim Hizmetleri AS Cash-to-Debt Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TCELL:Turkey TUL1:Germany TUL1:Germany

Address

Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854

Website

https://www.turkcell.com.tr

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.