Corio NV (LTS:0LNK) Cash-to-Debt : 0.01 (As of Dec. 2013)

View and export this data going back to . Start your Free Trial

What is Corio NV 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. Corio NV's cash to debt ratio for the quarter that ended in Dec. 2013 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, Corio NV couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2013.

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

LTS:0LNK's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.08
* Ranked among companies with meaningful Cash-to-Debt only.

Corio NV Cash-to-Debt Historical Data

The historical data trend for Corio NV'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.

* Premium members only.

Corio NV Cash-to-Debt Chart

Corio NV Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.10

0.01

0.03

0.01

Corio NV Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Cash-to-Debt	Get a 7-Day Free Trial					0.08	0.10	0.01	0.03	0.01

Competitive Comparison of Corio NV's Cash-to-Debt

For the REIT - Retail subindustry, Corio NV'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.

Corio NV's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Corio NV's Cash-to-Debt falls into.

Corio NV 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.

Corio NV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	32	/	(416.5	+	2678.1)
	=	0.01

Corio NV's Cash to Debt Ratio for the quarter that ended in Dec. 2013 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)
	=	32	/	(416.5	+	2678.1)
	=	0.01

Corio NV (LTS:0LNK) 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.

Corio NV Cash-to-Debt Related Terms

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

Corio NV (LTS:0LNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Corio NV (LTS:0LNK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Corio NV was formed in 2000 by the merger between VIB and WBN. It is a retail property company engaged in developing, redeveloping and managing retail properties such as shops and shopping centers, offices and industrial centers in the Netherlands, France, Italy, Spain, Turkey and Germany. The Company has grown from a Dutch mixed retail fund to a pan-European real estate company with a clear focus on retail. The Company has a presence in the largest consumer markets in continental Europe, management is fully in-sourced and the business has a solid financial position. In the changing retail landscape the Company is now ready to enter the next phase and take advantage of future opportunities and dynamics in the industry. The Company has set up an internal platform, called LaunchLab, focused on helping the Company to innovate and execute the Favorite Meeting Place strategy. The programme aims to discover new strategic insights, as well as support innovative ideas to quickly move into action, boosting revenues from other income streams. The Company has six local organisations: Corio Nederland, Corio France, Corio Italia, Corio EspaÃ±a, Corio TÃ¼rkiye and Corio Deutschland. They are responsible for the daily management of Corio's real estate portfolio. Corio N.V. (the Management Board and its general staff) retains the checks and balances. The general staff reports directly to the Management Board of Corio N.V. The green brick is a reward for the sustainable real estate investor of the year.

Corio NV (LTS:0LNK) Headlines

No Headlines