Koc Holding AS (Koc Holding AS) Cash-to-Debt : 0.80 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Koc Holding 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. Koc Holding AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.80.

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, Koc Holding 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 Koc Holding AS's Cash-to-Debt or its related term are showing as below:

KHOLY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 0.8
Current: 0.8

During the past 13 years, Koc Holding AS's highest Cash to Debt Ratio was 0.80. The lowest was 0.40. And the median was 0.58.

KHOLY's Cash-to-Debt is ranked better than
61.49% of 522 companies
in the Conglomerates industry
Industry Median: 0.485 vs KHOLY: 0.80

Koc Holding AS Cash-to-Debt Historical Data

The historical data trend for Koc Holding 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.

* Premium members only.

Koc Holding AS Cash-to-Debt Chart

Koc Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.60

0.62

0.74

0.65

0.80

Koc Holding 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															0.65	0.87	0.87	0.99	0.80

Competitive Comparison of Koc Holding AS's Cash-to-Debt

For the Conglomerates subindustry, Koc Holding 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.

Koc Holding AS's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Koc Holding AS's Cash-to-Debt distribution charts can be found below:

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

Koc Holding 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.

Koc Holding 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)
	=	16723.598	/	(12429.615	+	8507.871)
	=	0.80

Koc Holding 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)
	=	16723.598	/	(12429.615	+	8507.871)
	=	0.80

Koc Holding AS (OTCPK:KHOLY) 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.

Koc Holding AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Koc Holding AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Koc Holding AS (Koc Holding AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KCHOL:Turkey KRKA:Germany

Address

Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674

Website

http://www.koc.com.tr

Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

From GuruFocus

Q4 2023 Koc Holding AS Earnings Call Transcript

By GuruFocus Research • 03-18-2024