Italpinas Development (PHS:IDC) Cash-to-Debt : 0.21 (As of Mar. 2024)

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What is Italpinas Development 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. Italpinas Development's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.21.

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, Italpinas Development 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 Italpinas Development's Cash-to-Debt or its related term are showing as below:

PHS:IDC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.98
Current: 0.21

During the past 12 years, Italpinas Development's highest Cash to Debt Ratio was 0.98. The lowest was 0.02. And the median was 0.12.

PHS:IDC's Cash-to-Debt is ranked worse than
54.38% of 1793 companies
in the Real Estate industry
Industry Median: 0.26 vs PHS:IDC: 0.21

Italpinas Development Cash-to-Debt Historical Data

The historical data trend for Italpinas Development'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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Italpinas Development Cash-to-Debt Chart

Italpinas Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.07

0.17

0.08

0.12

0.17

Italpinas Development 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															0.10	0.23	0.17	0.17	0.21

Competitive Comparison of Italpinas Development's Cash-to-Debt

For the Real Estate Services subindustry, Italpinas Development'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.

Italpinas Development's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Italpinas Development 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.

Italpinas Development'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)
	=	168.73	/	(431.308	+	556.233)
	=	0.17

Italpinas Development'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)
	=	195.819	/	(357.941	+	556.233)
	=	0.21

Italpinas Development (PHS:IDC) 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.

Italpinas Development Cash-to-Debt Related Terms

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Italpinas Development (PHS:IDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Italpinas Development Corp (PHS:IDC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28 Floor, Metro Manila, Makati, RIZ, PHL, 1226

Website

https://www.italpinas.com

Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties.

Italpinas Development (PHS:IDC) Headlines

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