XP Log Fundo de Investimento Imobiliario (BSP:XPLG11) Cash-to-Debt : 5.54 (As of Dec. 2023)

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What is XP Log 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. XP Log Fundo de Investimento Imobiliario's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.54.

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, XP Log Fundo de Investimento Imobiliario could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for XP Log Fundo de Investimento Imobiliario's Cash-to-Debt or its related term are showing as below:

BSP:XPLG11' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.23 Med: 5002.77 Max: No Debt
Current: 5.54

During the past 4 years, XP Log Fundo de Investimento Imobiliario's highest Cash to Debt Ratio was No Debt. The lowest was 5.23. And the median was 5002.77.

BSP:XPLG11's Cash-to-Debt is ranked better than
78.86% of 809 companies
in the REITs industry
Industry Median: 0.08 vs BSP:XPLG11: 5.54

XP Log Fundo de Investimento Imobiliario Cash-to-Debt Historical Data

The historical data trend for XP Log 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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XP Log Fundo de Investimento Imobiliario Cash-to-Debt Chart

XP Log Fundo de Investimento Imobiliario Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

5.23

5.54

XP Log Fundo de Investimento Imobiliario Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	No Debt	No Debt	5.23	5.54

Competitive Comparison of XP Log Fundo de Investimento Imobiliario's Cash-to-Debt

For the REIT - Industrial subindustry, XP Log 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.

XP Log Fundo de Investimento Imobiliario's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where XP Log Fundo de Investimento Imobiliario's Cash-to-Debt falls into.

XP Log 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.

XP Log 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)
	=	1111.779	/	(0	+	200.873)
	=	5.53

XP Log 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)
	=	1111.779	/	(0	+	200.873)
	=	5.53

XP Log Fundo de Investimento Imobiliario (BSP:XPLG11) 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.

XP Log Fundo de Investimento Imobiliario Cash-to-Debt Related Terms

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

XP Log Fundo de Investimento Imobiliario (BSP:XPLG11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » XP Log Fundo de Investimento Imobiliario (BSP:XPLG11) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Brigadeiro Faria Lima, 2277, 2 andar, conjunto 202, Jardim Paulistano, Sao Paulo, SP, BRA, CEP 01452-000

Website

https://www.vortx.com.br

XP Log Fundo de Investimento Imobiliario is a real estate investment trust. Its objective is to obtain income, by investing at least two thirds of the shareholders' equity, directly or indirectly, in commercial exploitation of enterprises mainly in the logistics or industrial area, by means of the lease of any real rights over real estate, however, may seek capital gain, through the purchase and sale of real estate, quotas and or shares of special purpose companies that hold real rights over properties. Additionally, on a complementary basis, the Fund may make investments in other financial assets.

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