TLG Immobilien AG (CHIX:TLGD) Cash-to-Debt : 0.56 (As of Dec. 2023)

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What is TLG Immobilien AG 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. TLG Immobilien AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.56.

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, TLG Immobilien AG 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 TLG Immobilien AG's Cash-to-Debt or its related term are showing as below:

CHIX:TLGD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.58
Current: 0.56

During the past 11 years, TLG Immobilien AG's highest Cash to Debt Ratio was 0.58. The lowest was 0.07. And the median was 0.21.

CHIX:TLGD's Cash-to-Debt is ranked better than
66.65% of 1790 companies
in the Real Estate industry
Industry Median: 0.25 vs CHIX:TLGD: 0.56

TLG Immobilien AG Cash-to-Debt Historical Data

The historical data trend for TLG Immobilien AG'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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TLG Immobilien AG Cash-to-Debt Chart

TLG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

0.58

0.49

0.21

0.56

TLG Immobilien AG Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.20	0.58	0.49	0.21	0.56

Competitive Comparison of TLG Immobilien AG's Cash-to-Debt

For the Real Estate Services subindustry, TLG Immobilien AG'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.

TLG Immobilien AG's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where TLG Immobilien AG's Cash-to-Debt falls into.

TLG Immobilien AG 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.

TLG Immobilien AG'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)
	=	390.889	/	(58.95	+	641.637)
	=	0.56

TLG Immobilien AG'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)
	=	390.889	/	(58.95	+	641.637)
	=	0.56

TLG Immobilien AG (CHIX:TLGD) 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.

TLG Immobilien AG Cash-to-Debt Related Terms

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TLG Immobilien AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TLG Immobilien AG (CHIX:TLGD) » Definitions » Cash-to-Debt

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TLG:Germany

Address

Hausvogteiplatz 12, Berlin, BB, DEU, D-10117

Website

https://www.tlg.eu

TLG Immobilien AG is a commercial real estate company that focuses on the Berlin and eastern Germany regions of the Baltic coast and the Middle Germany core region. The company manages a portfolio of commercial properties mainly for office and retail uses. In addition, TLG Immobilien owns and operates several hotel properties that are located in Berlin, Dresden, Leipzig, and Rostock. The company provides property management, letting, sales, and purchases services. The majority of the group's revenue comes from rental and letting activities.

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