Gateway Real Estate AG (XTER:GTY) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Gateway Real Estate AG 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. Gateway Real Estate AG's cash to debt ratio for the quarter that ended in Sep. 2023 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, Gateway Real Estate AG could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(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 Gateway Real Estate AG's Cash-to-Debt or its related term are showing as below:

XTER:GTY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.57 Max: No Debt
Current: 0.18

During the past 13 years, Gateway Real Estate AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 0.57.

XTER:GTY's Cash-to-Debt is ranked worse than
58% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs XTER:GTY: 0.18

Gateway Real Estate AG Cash-to-Debt Historical Data

The historical data trend for Gateway Real Estate AG'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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Gateway Real Estate AG Cash-to-Debt Chart

Gateway Real Estate AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.15

0.47

0.13

0.21

Gateway Real Estate AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.21	No Debt	0.17	No Debt

Competitive Comparison of Gateway Real Estate AG's Cash-to-Debt

For the Real Estate - Development subindustry, Gateway Real Estate AG'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.

Gateway Real Estate AG's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Gateway Real Estate AG's Cash-to-Debt falls into.

Gateway Real Estate AG 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.

Gateway Real Estate AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	173.993	/	(432.02	+	383.841)
	=	0.21

Gateway Real Estate AG's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Gateway Real Estate AG had no debt ⁽¹⁾.

Gateway Real Estate AG (XTER:GTY) 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.

Gateway Real Estate AG Cash-to-Debt Related Terms

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Gateway Real Estate AG (XTER:GTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Gateway Real Estate AG (XTER:GTY) » Definitions » Cash-to-Debt

Traded in Other Exchanges

GTY:Germany GTY:Germany

Address

Hardenbergstr. 28a, Berlin, BB, DEU, 10623

Website

https://www.gateway-re.de

Gateway Real Estate AG is a developer of commercial and residential real estate properties in Germany. The company's operating segment includes Standing Assets; Commercial Properties Development; and Residential Properties Development. Its property portfolio consists of Commercial and Residential Properties, Offices, Hotels, Shopping Centers, Office Refurbishments, and Parking Spaces. Geographically, the company conducts all its business activities in Germany.