AREIT Prop (JSE:APO) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

View and export this data going back to 2022. Start your Free Trial

What is AREIT Prop 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. AREIT Prop's cash to debt ratio for the quarter that ended in Dec. 2022 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, AREIT Prop could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(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 AREIT Prop's Cash-to-Debt or its related term are showing as below:

JSE:APO's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.08
* Ranked among companies with meaningful Cash-to-Debt only.

AREIT Prop Cash-to-Debt Historical Data

The historical data trend for AREIT Prop'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.

AREIT Prop Cash-to-Debt Chart

AREIT Prop Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

N/A

No Debt

AREIT Prop Quarterly Data
	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of AREIT Prop's Cash-to-Debt

For the REIT - Diversified subindustry, AREIT Prop'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.

AREIT Prop's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AREIT Prop's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where AREIT Prop's Cash-to-Debt falls into.

AREIT Prop 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.

AREIT Prop's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

AREIT Prop had no debt ⁽¹⁾.

AREIT Prop's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

AREIT Prop had no debt ⁽¹⁾.

AREIT Prop (JSE:APO) 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.

AREIT Prop Cash-to-Debt Related Terms

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

AREIT Prop (JSE:APO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AREIT Prop Ltd (JSE:APO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cape Town, Cape Town, ZAF

Website

http://www.areitprop.co.za

AREIT Prop Ltd is a property group holding leasehold properties focused on the hospitality and medical sector, allowing investors to gain exposure to the property ?market without the exposure to property-related expenses, risks, and debt.