Enka Insaat Venayi AS (FRA:ENP) Cash-to-Debt : 27.00 (As of Sep. 2024)

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What is Enka Insaat Venayi 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. Enka Insaat Venayi AS's cash to debt ratio for the quarter that ended in Sep. 2024 was 27.00.

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, Enka Insaat Venayi AS could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

FRA:ENP' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.37 Med: 11.15 Max: 28.72
Current: 27

During the past 13 years, Enka Insaat Venayi AS's highest Cash to Debt Ratio was 28.72. The lowest was 4.37. And the median was 11.15.

FRA:ENP's Cash-to-Debt is ranked better than
89.55% of 1713 companies
in the Construction industry
Industry Median: 0.62 vs FRA:ENP: 27.00

Enka Insaat Venayi AS Cash-to-Debt Historical Data

The historical data trend for Enka Insaat Venayi 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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Enka Insaat Venayi AS Cash-to-Debt Chart

Enka Insaat Venayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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10.47

14.97

25.88

13.29

24.91

Enka Insaat Venayi AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															22.70	24.91	27.42	24.15	27.00

Competitive Comparison of Enka Insaat Venayi AS's Cash-to-Debt

For the Engineering & Construction subindustry, Enka Insaat Venayi 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.

Enka Insaat Venayi AS's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Enka Insaat Venayi AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Enka Insaat Venayi AS's Cash-to-Debt falls into.

Enka Insaat Venayi 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.

Enka Insaat Venayi 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)
	=	2774.464	/	(4.093	+	107.287)
	=	24.91

Enka Insaat Venayi AS's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	2874.626	/	(4.592	+	101.895)
	=	27.00

Enka Insaat Venayi AS (FRA:ENP) 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.

Enka Insaat Venayi AS Cash-to-Debt Related Terms

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Enka Insaat Venayi AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Enka Insaat Ve Sanayi AS (FRA:ENP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ENKAI:Turkey

Address

Balmumcu Mah., Zincirlikuyu Yolu No:10, Enka Binas? Besiktas, Istanbul, TUR, 34349

Website

https://www.enka.com

Enka Insaat Ve Sanayi AS provides a full range of design, engineering, construction, and project management services in various sectors. It creates power plants, production facilities, transportation systems, and other construction projects. If needed, the company will engineer and fabricate structures for installation and modularization. Enka Insaat Ve Sanayi has four operating segments: construction contracts; rental, trade and manufacturing; and energy (the majority of total revenue). Additional revenue is generated from aftermarket support and services, and the company utilizes a mix of traditional engineering disciplines to produce results. The company derives the majority of its revenue from Turkey, but the company does operate in various European nations.

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