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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. Alexander & Baldwin's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.02.
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, Alexander & Baldwincouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Alexander & Baldwin's Cash-to-Debt or its related term are showing as below:
ALEX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.12
Current: 0.02
During the past 13 years, Alexander & Baldwin's highest Cash to Debt Ratio was 0.12. The lowest was 0.00. And the median was 0.05.
ALEX's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.09
vs ALEX: 0.02
Alexander & Baldwin (NYSE:ALEX) 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.
Alexander & Baldwin Cash-to-Debt Related Terms
Alexander & Baldwin Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Alexander & Baldwin'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.
For the REIT - Retail subindustry, Alexander & Baldwin'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.
Alexander & Baldwin Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Alexander & Baldwin's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Alexander & Baldwin's Cash-to-Debt falls into.
* 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.
Alexander & Baldwin (ALEX) has a Cash-to-Debt of 0.02 as of Dec. 2025. This is 60% below median its historical median of 0.05.
Is Alexander & Baldwin's Cash-to-Debt too high?
Alexander & Baldwin's current Cash-to-Debt of 0.02 is 60% below median its 10-year median of 0.05. The REITs industry median Cash-to-Debt is 0.09. Alexander & Baldwin's value of 0.02 is 77.8% below this industry median. Overall, Alexander & Baldwin has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Alexander & Baldwin's Cash-to-Debt compare to ALX and CBL?
Alexander & Baldwin's Cash-to-Debt of 0.02 can be compared against companies in the REITs industry. The industry median Cash-to-Debt is 0.09. Alexander & Baldwin's value of 0.02 is 77.8% below this benchmark. While the company's 10-year median is 0.05 vs. the industry median of 0.09, Alexander & Baldwin has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a REITs company?
The median Cash-to-Debt among REITs companies is 0.09, based on 852 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alexander & Baldwin's current Cash-to-Debt of 0.02 is 77.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Cash-to-Debt is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander & Baldwin's current Cash-to-Debt is 0.02, which is 60% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander & Baldwin stock overvalued right now?
Alexander & Baldwin (ALEX) has a current Cash-to-Debt of 0.02. The stock's GF Value™ is $16.25, compared to a current price of $20.84 — trading 28.2% above its estimated fair value. The current Cash-to-Debt is 0.02, which is 60% below median its 10-year median of 0.05 and 77.8% below the REITs industry median of 0.09. Alexander & Baldwin's overall GF Score™ is 51/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Alexander & Baldwin (ALEX), the current Cash-to-Debt is 0.02 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alexander & Baldwin (ALEX) Overvalued in 2026?
Based on GuruFocus' analysis, Alexander & Baldwin stock appears to be overvalued.
The current stock price of $20.84 is trading 28.2% above its estimated GF Value™ of $16.25.
Key valuation signals for ALEX:
Cash-to-Debt: 0.02 (60% below median its 10-year median of 0.05)
GF Value™: $16.25 vs. price of $20.84 (28.2% above fair value)
No single metric tells the full story. See the ALEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alexander & Baldwin Inc is a Hawaii commercial real estate company. The group owns, operates, and manages a million square feet of retail, industrial, and office space in Hawaii. It is a real estate investment trust (REIT) and the owner of grocery and drug-anchored retail centers in the state. It functions through two segments, namely Commercial Real Estate and Land Operations. The Commercial Real Estate segment owns and manages retail, industrial spaces, and also urban ground leases in Hawaii, thereby accounting for a majority of the company's revenue. The Land Operations segment actively manages the company's land and real estate-related assets and makes optimum utilization of these assets. Geographically, the activities are carried out across the United States.
51GF Score
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