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Santander Renda DE Alugueis Fundo Investimento Imobiliarios (BSP:SARE11) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Santander Renda DE Alugueis Fundo Investimento Imobiliarios 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. Santander Renda DE Alugueis Fundo Investimento Imobiliarios'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, Santander Renda DE Alugueis Fundo Investimento Imobiliarios 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 Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash-to-Debt or its related term are showing as below:

BSP:SARE11' 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 5 years, Santander Renda DE Alugueis Fundo Investimento Imobiliarios's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BSP:SARE11's Cash-to-Debt is ranked better than
99.89% of 872 companies
in the REITs industry
Industry Median: 0.08 vs BSP:SARE11: No Debt

Santander Renda DE Alugueis Fundo Investimento Imobiliarios Cash-to-Debt Historical Data

The historical data trend for Santander Renda DE Alugueis Fundo Investimento Imobiliarios'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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Santander Renda DE Alugueis Fundo Investimento Imobiliarios Cash-to-Debt Chart

Santander Renda DE Alugueis Fundo Investimento Imobiliarios Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt No Debt No Debt No Debt No Debt

Santander Renda DE Alugueis Fundo Investimento Imobiliarios Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash-to-Debt

For the REIT - Residential subindustry, Santander Renda DE Alugueis Fundo Investimento Imobiliarios'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.


Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash-to-Debt falls into.


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Santander Renda DE Alugueis Fundo Investimento Imobiliarios Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Santander Renda DE Alugueis Fundo Investimento Imobiliarios had no debt (1).

Santander Renda DE Alugueis Fundo Investimento Imobiliarios's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Santander Renda DE Alugueis Fundo Investimento Imobiliarios 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.


Santander Renda DE Alugueis Fundo Investimento Imobiliarios  (BSP:SARE11) 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.


Santander Renda DE Alugueis Fundo Investimento Imobiliarios Cash-to-Debt Related Terms

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


Santander Renda DE Alugueis Fundo Investimento Imobiliarios Business Description

Traded in Other Exchanges
N/A
Address
Rua Amador Bueno, 474, 1st Floor, B. Verde- Santo Amaro, Sao Paulo, SP, BRA, 04752-901
Santander Renda DE Alugueis Fundo Investimento Imobiliarios is a real estate investment trust. It invests majorly in real estate funds.

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