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Macerich CoMEX:MAC 63 Cash-to-Debt is 0.05 as of Jun. 2026, which is 150% above its 10-year median of 0.02. GuruFocus rates MEX:MAC with a GF Score™ of 63/100 and a GF Value™ of MXN216.90. The stock has 6 warning signs investors should review. Among 843 REITs companies, Macerich Co ranks worse than 61.92% 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. Macerich Co's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.05.
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, Macerich Cocouldn'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 Macerich Co's Cash-to-Debt or its related term are showing as below:
MEX:MAC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.18
Current: 0.05
During the past 13 years, Macerich Co's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.02.
MEX:MAC's Cash-to-Debt is ranked worse than 61.92% of 843
companies
in the REITs industry
Industry Median: 0.08
vs MEX:MAC: 0.05
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.
Macerich Co Cash-to-Debt Related Terms
Macerich Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Macerich Co'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.
MEX:MAC vs EPRT, KRG, PECO: Cash-to-Debt Comparison
For the REIT - Retail subindustry, Macerich Co'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.
Macerich Co Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Macerich Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Macerich Co's Cash-to-Debt falls into.
* 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.
Macerich Co (MEX:MAC) has a Cash-to-Debt of 0.05 as of Jun. 2026. This is 150% above median its historical median of 0.02. Over the past decade, Macerich Co's Cash-to-Debt has ranged from 0.01 to 0.18. According to the industry distribution chart, Macerich Co ranks #522 out of 843 companies in the REITs industry, placing it in the top 61.9%.
Is Macerich Co's Cash-to-Debt too high?
Macerich Co's current Cash-to-Debt of 0.05 is 150% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.18. The REITs industry median Cash-to-Debt is 0.08. Macerich Co's value of 0.05 is 37.5% below this industry median. Based on the distribution chart, Macerich Co ranks #522 out of 843 companies in the REITs industry, which is below the industry midpoint. Overall, Macerich Co has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's Cash-to-Debt compare to EPRT and KRG?
According to the REITs industry distribution chart, Macerich Co ranks #522 out of 843 companies for Cash-to-Debt. This places Macerich Co in the lower half of its industry. The industry median Cash-to-Debt is 0.08. Macerich Co's value of 0.05 is 37.5% below this benchmark. Historically, Macerich Co's own Cash-to-Debt has ranged from 0.01 to 0.18 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.08, Macerich Co 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 0.08, based on 843 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. Macerich Co's current Cash-to-Debt of 0.05 is 37.5% 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 0.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macerich Co's current Cash-to-Debt is 0.05, which is 150% 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 Macerich Co stock overvalued right now?
Macerich Co (MEX:MAC) has a current Cash-to-Debt of 0.05. The stock's GF Value™ is MXN216.90, compared to a current price of MXN320.00 — trading 47.5% above its estimated fair value. The current Cash-to-Debt is 0.05, which is 150% above median its 10-year median of 0.02 and 37.5% below the REITs industry median of 0.08. Macerich Co's overall GF Score™ is 63/100 with 6 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 Macerich Co (MEX:MAC), the current Cash-to-Debt is 0.05 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 Macerich Co (MEX:MAC) Overvalued in 2026?
Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued.
The current stock price of MXN320.00 is trading 47.5% above its estimated GF Value™ of MXN216.90.
Key valuation signals for MEX:MAC:
Cash-to-Debt: 0.05 (150% above median its 10-year median of 0.02)
GF Value™: MXN216.90 vs. price of MXN320.00 (47.5% above fair value)
Industry Position: 37.5% below the REITs median (#522 of 843)
No single metric tells the full story. See the MEX:MAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
63GF Score
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