Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Hedge Officeome Fundo De Investimento Imobiliario 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. Hedge Officeome Fundo De Investimento Imobiliario's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, Hedge Officeome Fundo De Investimento Imobiliario 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 Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt or its related term are showing as below:

BSP:HOFC11' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.37
Current: 0.04

During the past 5 years, Hedge Officeome Fundo De Investimento Imobiliario's highest Cash to Debt Ratio was 0.37. The lowest was 0.04. And the median was 0.11.

BSP:HOFC11's Cash-to-Debt is ranked worse than
66.13% of 809 companies
in the REITs industry
Industry Median: 0.08 vs BSP:HOFC11: 0.04

Hedge Officeome Fundo De Investimento Imobiliario Cash-to-Debt Historical Data

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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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Hedge Officeome Fundo De Investimento Imobiliario Cash-to-Debt Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.10

0.37

0.24

0.11

0.04

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	0.10	0.37	0.24	0.11	0.04

Competitive Comparison of Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt falls into.

Hedge Officeome Fundo De Investimento Imobiliario 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.

Hedge Officeome Fundo De Investimento Imobiliario'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)
	=	2.202	/	(0	+	58.847)
	=	0.04

Hedge Officeome Fundo De Investimento Imobiliario'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)
	=	2.202	/	(0	+	58.847)
	=	0.04

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) 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.

Hedge Officeome Fundo De Investimento Imobiliario Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Hedge Officeome Fundo De Investimento Imobiliario's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hedge Office Income Fundo De Investimento Imobiliario (BSP:HOFC11) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132

Website

https://www.hedgeinvest.com.br

Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.

Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Headlines

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