GLPI (Gaming and Leisure Properties) Cash-to-Debt: 0.04 (As of Jun. 2026) — 100% Above Median

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GLPI Gaming and Leisure Properties Inc GLPI
84 GF Score
Price $44.81
GF Value $49.45
Valuation Fairly Valued
! 5 Warning Signs
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What is Gaming and Leisure Properties Cash-to-Debt?

Gaming and Leisure Properties GLPI +0.18% 84 Cash-to-Debt is 0.04 as of Jun. 2026, which is 100% above its 10-year median of 0.02. GuruFocus rates GLPI with a GF Score™ of 84/100 and a GF Value™ of $49.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 857 REITs companies, Gaming and Leisure Properties ranks worse than 73.86% on this metric.

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. Gaming and Leisure Properties's cash to debt ratio for the quarter that ended in Jun. 2026 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, Gaming and Leisure Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for Gaming and Leisure Properties's Cash-to-Debt or its related term are showing as below:

GLPI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.21
Current: 0.04

During the past 13 years, Gaming and Leisure Properties's highest Cash to Debt Ratio was 0.21. The lowest was 0.00. And the median was 0.02.

GLPI's Cash-to-Debt is ranked worse than
73.86% of 857 companies
in the REITs industry
Industry Median: 0.09 vs GLPI: 0.04

Gaming and Leisure Properties  (NAS:GLPI) 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.


Gaming and Leisure Properties Cash-to-Debt Related Terms


Gaming and Leisure Properties Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Cash-to-Debt Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.04 0.10 0.13 0.03

Gaming and Leisure Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.10 0.03 0.03 0.04

GLPI vs LAMR, WY, SBAC: Cash-to-Debt Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties Cash-to-Debt vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Cash-to-Debt falls into.


GLPI
84GF Score
Gaming and Leisure Properties Inc GLPI
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Gaming and Leisure Properties 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.

Gaming and Leisure Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Gaming and Leisure Properties's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.04 mean?
Gaming and Leisure Properties (GLPI) has a Cash-to-Debt of 0.04 as of Jun. 2026. This is 100% above median its historical median of 0.02. According to the industry distribution chart, Gaming and Leisure Properties ranks #633 out of 857 companies in the REITs industry, placing it in the top 73.9%.
Is Gaming and Leisure Properties' Cash-to-Debt too high?
Gaming and Leisure Properties' current Cash-to-Debt of 0.04 is 100% above median its 10-year median of 0.02. The REITs industry median Cash-to-Debt is 0.09. Gaming and Leisure Properties' value of 0.04 is 55.6% below this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #633 out of 857 companies in the REITs industry, which is below the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Cash-to-Debt compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #633 out of 857 companies for Cash-to-Debt. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Gaming and Leisure Properties' value of 0.04 is 55.6% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.09, Gaming and Leisure Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a REITs company?
The median Cash-to-Debt among REITs companies is 0.09, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Cash-to-Debt of 0.04 is 55.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Cash-to-Debt is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Cash-to-Debt is 0.04, which is 100% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.45, compared to a current price of $44.81 — trading 9.4% below its estimated fair value. The current Cash-to-Debt is 0.04, which is 100% above median its 10-year median of 0.02 and 55.6% below the REITs industry median of 0.09. Gaming and Leisure Properties' overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Cash-to-Debt is 0.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gaming and Leisure Properties (GLPI) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of $44.81 is trading 9.4% below its estimated GF Value™ of $49.45. GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.

Key valuation signals for GLPI:

  • Cash-to-Debt: 0.04 (100% above median its 10-year median of 0.02)
  • GF Value™: $49.45 vs. price of $44.81 (9.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 55.6% below the REITs median (#633 of 857)

No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gaming and Leisure Properties Business Description

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
84GF Score

Get the complete analysis for GLPI

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.81
Price
$49.45
GF Value