Preservia Hyresfastigheter AB (NGM:PHYR B) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Preservia Hyresfastigheter AB 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. Preservia Hyresfastigheter AB's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Preservia Hyresfastigheter AB 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 Preservia Hyresfastigheter AB's Cash-to-Debt or its related term are showing as below:

NGM:PHYR B' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: No Debt
Current: 0.03

During the past 6 years, Preservia Hyresfastigheter AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.04.

NGM:PHYR B's Cash-to-Debt is ranked worse than
87.54% of 1781 companies
in the Real Estate industry
Industry Median: 0.25 vs NGM:PHYR B: 0.03

Preservia Hyresfastigheter AB Cash-to-Debt Historical Data

The historical data trend for Preservia Hyresfastigheter AB'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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Preservia Hyresfastigheter AB Cash-to-Debt Chart

Preservia Hyresfastigheter AB Annual Data

Trend

Dec15

Dec16

Dec17

Apr20

Apr21

Apr22

Cash-to-Debt

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0.02

0.81

0.32

0.04

Preservia Hyresfastigheter AB Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.32	No Debt	0.04	0.08	0.03

Competitive Comparison of Preservia Hyresfastigheter AB's Cash-to-Debt

For the Real Estate - Development subindustry, Preservia Hyresfastigheter AB'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.

Preservia Hyresfastigheter AB's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Preservia Hyresfastigheter AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Preservia Hyresfastigheter AB's Cash-to-Debt falls into.

Preservia Hyresfastigheter AB 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.

Preservia Hyresfastigheter AB's Cash to Debt Ratio for the fiscal year that ended in Apr. 2022 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)
	=	0.857	/	(0	+	19.573)
	=	0.04

Preservia Hyresfastigheter AB'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)
	=	0.117	/	(0	+	4.12)
	=	0.03

Preservia Hyresfastigheter AB (NGM:PHYR B) 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.

Preservia Hyresfastigheter AB Cash-to-Debt Related Terms

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Preservia Hyresfastigheter AB (NGM:PHYR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Preservia Hyresfastigheter AB (NGM:PHYR B) » Definitions » Cash-to-Debt

Traded in Other Exchanges

PHYR.PREF.PFD:Sweden

Address

Vasagatan 7 A, Stockholm, SWE, 111 20

Website

http://www.preservia.se

Preservia Hyresfastigheter AB is an investor and developer of housing with a focus on rental apartments. The company owns two projects for the development of homes in Gavle and Balsta. It generates revenue through the development and sale of the properties and through the net operating income of investment properties.

Preservia Hyresfastigheter AB (NGM:PHYR B) Headlines

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