Alpha Real Estate Services (ATH:ASTAK) Cash-to-Debt : 28.45 (As of Jun. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Alpha Real Estate Services 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. Alpha Real Estate Services's cash to debt ratio for the quarter that ended in Jun. 2024 was 28.45.

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, Alpha Real Estate Services could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Alpha Real Estate Services's Cash-to-Debt or its related term are showing as below:

ATH:ASTAK' s Cash-to-Debt Range Over the Past 10 Years
Min: 28.45 Med: 109.32 Max: No Debt
Current: 28.45

During the past 13 years, Alpha Real Estate Services's highest Cash to Debt Ratio was No Debt. The lowest was 28.45. And the median was 109.32.

ATH:ASTAK's Cash-to-Debt is ranked better than
88.31% of 1762 companies
in the Real Estate industry
Industry Median: 0.25 vs ATH:ASTAK: 28.45

Alpha Real Estate Services Cash-to-Debt Historical Data

The historical data trend for Alpha Real Estate Services'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.

Alpha Real Estate Services Cash-to-Debt Chart

Alpha Real Estate Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

101.60

99.87

109.08

83.41

87.26

Alpha Real Estate Services Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															103.16	83.41	82.38	87.26	28.45

Competitive Comparison of Alpha Real Estate Services's Cash-to-Debt

For the Real Estate Services subindustry, Alpha Real Estate Services'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.

Alpha Real Estate Services's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Save Embed

;

Save Embed

;

Alpha Real Estate Services 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.

Alpha Real Estate Services's Cash to Debt Ratio for the fiscal year 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)
	=	54.101	/	(0.17	+	0.45)
	=	87.26

Alpha Real Estate Services's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	39.369	/	(0.247	+	1.137)
	=	28.45

Alpha Real Estate Services (ATH:ASTAK) 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.

Alpha Real Estate Services Cash-to-Debt Related Terms

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

Alpha Real Estate Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alpha Real Estate Services SA (ATH:ASTAK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadiou 24, Athens, GRC, 10561

Website

https://www.alpharealestateservices.gr

Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.

Alpha Real Estate Services Headlines

No Headlines