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Baltic Sea Properties AS (OSL:BALT) Cash-to-Debt : 0.12 (As of Sep. 2024)


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What is Baltic Sea Properties AS 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. Baltic Sea Properties AS's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.12.

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, Baltic Sea Properties AS couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

OSL:BALT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06   Med: 0.1   Max: No Debt
Current: 0.12

During the past 10 years, Baltic Sea Properties AS's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.10.

OSL:BALT's Cash-to-Debt is ranked worse than
67.55% of 1772 companies
in the Real Estate industry
Industry Median: 0.25 vs OSL:BALT: 0.12

Baltic Sea Properties AS Cash-to-Debt Historical Data

The historical data trend for Baltic Sea Properties AS'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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Baltic Sea Properties AS Cash-to-Debt Chart

Baltic Sea Properties AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.10 0.12 0.07 0.06

Baltic Sea Properties AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.07 0.06 0.06 0.13 0.12

Competitive Comparison of Baltic Sea Properties AS's Cash-to-Debt

For the Real Estate Services subindustry, Baltic Sea Properties AS'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.

Baltic Sea Properties AS's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Baltic Sea Properties AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Baltic Sea Properties AS's Cash-to-Debt falls into.


Baltic Sea Properties AS 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.

Baltic Sea Properties AS'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)
=40.751 / (37.692 + 646.006)
=0.06

Baltic Sea Properties AS's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
=82.063 / (8.629 + 681.093)
=0.12

* 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.

Baltic Sea Properties AS  (OSL:BALT) 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.

Baltic Sea Properties AS Cash-to-Debt Related Terms

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Baltic Sea Properties AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Baltic Sea Properties AS (OSL:BALT) » Definitions » Cash-to-Debt
Comparable Companies
OSL:ROM OSL:RCR CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW HKSE:01209 XTER:DWNI XSWX:SPSN STC:VHM TSE:3003 SAU:4250 STC:VIC TSX:FSV
Traded in Other Exchanges
N/A
Address
Apotekergata 10B, Oslo, NOR, 0180
Website
https://www.balticsea.no
Baltic Sea Properties AS is an Norwegian based open-ended and fully integrated investment company. which invests, develops, rents, and realizes commercial real estate properties and logistic centers. The Company's operations consist of acquisition, development and letting of investment properties in Lithuania as well as some related business. It owns, develops and manages commercial real estate in the Baltics.