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Fundo DE Investimento Imobiliario Rec Logistica (BSP:RELG11) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Fundo DE Investimento Imobiliario Rec Logistica 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. Fundo DE Investimento Imobiliario Rec Logistica's cash to debt ratio for the quarter that ended in Dec. 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, Fundo DE Investimento Imobiliario Rec Logistica could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Fundo DE Investimento Imobiliario Rec Logistica's Cash-to-Debt or its related term are showing as below:

BSP:RELG11' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 4 years, Fundo DE Investimento Imobiliario Rec Logistica's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BSP:RELG11's Cash-to-Debt is ranked better than
99.89% of 870 companies
in the REITs industry
Industry Median: 0.08 vs BSP:RELG11: No Debt

Fundo DE Investimento Imobiliario Rec Logistica Cash-to-Debt Historical Data

The historical data trend for Fundo DE Investimento Imobiliario Rec Logistica'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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Fundo DE Investimento Imobiliario Rec Logistica Cash-to-Debt Chart

Fundo DE Investimento Imobiliario Rec Logistica Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt No Debt No Debt No Debt

Fundo DE Investimento Imobiliario Rec Logistica Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Cash-to-Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Fundo DE Investimento Imobiliario Rec Logistica's Cash-to-Debt

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario Rec Logistica'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.


Fundo DE Investimento Imobiliario Rec Logistica's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Fundo DE Investimento Imobiliario Rec Logistica's Cash-to-Debt falls into.



Fundo DE Investimento Imobiliario Rec Logistica 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.

Fundo DE Investimento Imobiliario Rec Logistica's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Fundo DE Investimento Imobiliario Rec Logistica had no debt (1).

Fundo DE Investimento Imobiliario Rec Logistica's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Fundo DE Investimento Imobiliario Rec Logistica had no debt (1).

* 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.


Fundo DE Investimento Imobiliario Rec Logistica  (BSP:RELG11) 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.


Fundo DE Investimento Imobiliario Rec Logistica Cash-to-Debt Related Terms

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


Fundo DE Investimento Imobiliario Rec Logistica Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Iguatemi, 151 – 19th Floor, São Paulo, SP, BRA, CEP: 1451011
Fundo DE Investimento Imobiliario Rec Logistica is a Brazil-based company. It engaged in investing in real estate projects, ready-made properties, land, or properties under construction, intended for the exploration of logistical, storage, distribution, commercial or industrial activities, and, in addition, in real rights over target properties, which generate income.

Fundo DE Investimento Imobiliario Rec Logistica Headlines

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