Alony-Hetz Properties & Investments (XTAE:ALHE) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Alony-Hetz Properties & Investments 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. Alony-Hetz Properties & Investments's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Alony-Hetz Properties & Investments 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 Alony-Hetz Properties & Investments's Cash-to-Debt or its related term are showing as below:

XTAE:ALHE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.25
Current: 0.1

During the past 13 years, Alony-Hetz Properties & Investments's highest Cash to Debt Ratio was 0.25. The lowest was 0.01. And the median was 0.07.

XTAE:ALHE's Cash-to-Debt is ranked worse than
70.66% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs XTAE:ALHE: 0.10

Alony-Hetz Properties & Investments Cash-to-Debt Historical Data

The historical data trend for Alony-Hetz Properties & Investments'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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Alony-Hetz Properties & Investments Cash-to-Debt Chart

Alony-Hetz Properties & Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.10

0.06

0.17

0.07

0.09

Alony-Hetz Properties & Investments 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															0.09	0.04	0.09	0.05	0.10

Competitive Comparison of Alony-Hetz Properties & Investments's Cash-to-Debt

For the Real Estate Services subindustry, Alony-Hetz Properties & Investments'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.

Alony-Hetz Properties & Investments's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alony-Hetz Properties & Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alony-Hetz Properties & Investments's Cash-to-Debt falls into.

Alony-Hetz Properties & Investments 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.

Alony-Hetz Properties & Investments'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)
	=	1694.701	/	(1678.123	+	17346.637)
	=	0.09

Alony-Hetz Properties & Investments'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)
	=	2197.677	/	(3155.971	+	19569.056)
	=	0.10

Alony-Hetz Properties & Investments (XTAE:ALHE) 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.

Alony-Hetz Properties & Investments Cash-to-Debt Related Terms

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

Alony-Hetz Properties & Investments (XTAE:ALHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alony-Hetz Properties & Investments Ltd (XTAE:ALHE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Jabotinsky Street, Amot Atrium Tower, Ramat Gan, ISR, 5250501

Website

https://www.alony-hetz.com

Alony-Hetz Properties & Investments Ltd is a real estate company that owns and operates commercial properties in Israel and overseas. Its strategy is to manage a large and diversified property portfolio in developing areas and mature markets. The company also purchases and develops real estate to support its rental operations. The type of real estate it manages includes office buildings, commercial centers, supermarkets, central business stations, and industrial parks. The company's largest property investments are based in Israel, followed by the United States, Switzerland, the United Kingdom, and other regions. It also develops and maintains renewable energy installations in Israel and Poland.

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