Accelerate Property Fund (JSE:APF) Cash-to-Debt : 0.01 (As of Sep. 2023)

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What is Accelerate Property Fund 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. Accelerate Property Fund's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.01.

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, Accelerate Property Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Accelerate Property Fund's Cash-to-Debt or its related term are showing as below:

JSE:APF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.08
Current: 0.01

During the past 11 years, Accelerate Property Fund's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.02.

JSE:APF's Cash-to-Debt is ranked worse than
89.15% of 802 companies
in the REITs industry
Industry Median: 0.08 vs JSE:APF: 0.01

Accelerate Property Fund Cash-to-Debt Historical Data

The historical data trend for Accelerate Property Fund'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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Accelerate Property Fund Cash-to-Debt Chart

Accelerate Property Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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Accelerate Property Fund Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															-	-	0.01	-	0.01

Competitive Comparison of Accelerate Property Fund's Cash-to-Debt

For the REIT - Retail subindustry, Accelerate Property Fund'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.

Accelerate Property Fund's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Cash-to-Debt falls into.

Accelerate Property Fund 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.

Accelerate Property Fund's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	0	/	(2416.539	+	2060.425)
	=	0.00

Accelerate Property Fund's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	27.849	/	(1931.613	+	2496.684)
	=	0.01

Accelerate Property Fund (JSE:APF) 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.

Accelerate Property Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Accelerate Property Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Accelerate Property Fund (JSE:APF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Accelerate Property Fund Ltd (JSE:APF) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055

Website

https://www.acceleratepf.co.za

Accelerate Property Fund Ltd is a retail-focused property fund. It functions through four operating segments. Office segment, which acquires, develops and leases offices. The industrial segment acquires, develops and leases warehouses and factories. The retail segment acquires, develops and leases shopping malls, community centres as well as retail centres. European single-tenant segment acquires develops and leases single-tenant space backed by long-term leases. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria and Slovakia, out of which the majority of its revenue is generated from South Africa.

Accelerate Property Fund (JSE:APF) Headlines

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