Cibus Nordic Real Estate AB (OSTO:CIBUS) Cash-to-Debt : 0.04 (As of Mar. 2024)

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What is Cibus Nordic Real Estate AB 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. Cibus Nordic Real Estate AB's cash to debt ratio for the quarter that ended in Mar. 2024 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, Cibus Nordic Real Estate AB couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Cibus Nordic Real Estate AB's Cash-to-Debt or its related term are showing as below:

OSTO:CIBUS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.18
Current: 0.04

During the past 6 years, Cibus Nordic Real Estate AB's highest Cash to Debt Ratio was 0.18. The lowest was 0.01. And the median was 0.04.

OSTO:CIBUS's Cash-to-Debt is ranked worse than
84.2% of 1785 companies
in the Real Estate industry
Industry Median: 0.25 vs OSTO:CIBUS: 0.04

Cibus Nordic Real Estate AB Cash-to-Debt Historical Data

The historical data trend for Cibus Nordic Real Estate AB'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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Cibus Nordic Real Estate AB Cash-to-Debt Chart

Cibus Nordic Real Estate AB Annual Data

Trend

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.06

0.04

0.03

Cibus Nordic Real Estate AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.04	0.03	0.03	0.04

Competitive Comparison of Cibus Nordic Real Estate AB's Cash-to-Debt

For the Real Estate Services subindustry, Cibus Nordic Real Estate AB'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.

Cibus Nordic Real Estate AB's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cibus Nordic Real Estate AB's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cibus Nordic Real Estate AB's Cash-to-Debt falls into.

Cibus Nordic Real Estate AB 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.

Cibus Nordic Real Estate AB'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)
	=	352.696	/	(423.011	+	11451.139)
	=	0.03

Cibus Nordic Real Estate AB's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	456.128	/	(1179.442	+	10942.005)
	=	0.04

Cibus Nordic Real Estate AB (OSTO:CIBUS) 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.

Cibus Nordic Real Estate AB Cash-to-Debt Related Terms

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Cibus Nordic Real Estate AB (OSTO:CIBUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cibus Nordic Real Estate AB (OSTO:CIBUS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0ABQ:UK 6N5:Germany

Address

Kungsgatan 56, Stockholm, SWE, SE-111 22

Website

https://www.cibusnordic.com

Cibus Nordic Real Estate AB is a real estate company with the business idea to acquire, develop and manage high-quality properties in the Nordics with reputable grocery and daily-goods store chains as their anchor tenants. It controls and operates distribution networks for grocery trade and parcel services. The company's majority portion of revenue is derived from the Helsinki region.

Cibus Nordic Real Estate AB (OSTO:CIBUS) Headlines

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