NNN REIT (STU:CZ2) Cash-to-Debt : 0.04 (As of Sep. 2024)

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What is NNN REIT 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. NNN REIT's cash to debt ratio for the quarter that ended in Sep. 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, NNN REIT 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 NNN REIT's Cash-to-Debt or its related term are showing as below:

STU:CZ2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.19
Current: 0.04

During the past 13 years, NNN REIT's highest Cash to Debt Ratio was 0.19. The lowest was 0.00. And the median was 0.01.

STU:CZ2's Cash-to-Debt is ranked worse than
65.1% of 871 companies
in the REITs industry
Industry Median: 0.08 vs STU:CZ2: 0.04

NNN REIT Cash-to-Debt Historical Data

The historical data trend for NNN REIT'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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NNN REIT Cash-to-Debt Chart

NNN REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.08

0.05

NNN REIT 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															0.02	-	-	-	0.04

Competitive Comparison of NNN REIT's Cash-to-Debt

For the REIT - Retail subindustry, NNN REIT'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.

NNN REIT's Cash-to-Debt Distribution in the REITs Industry

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

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

NNN REIT 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.

NNN REIT'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)
	=	1.09	/	(121.044	+	3877.575)
	=	0.00

NNN REIT'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)
	=	156.347	/	(0	+	3939.436)
	=	0.04

NNN REIT (STU:CZ2) 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.

NNN REIT Cash-to-Debt Related Terms

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NNN REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NNN REIT Inc (STU:CZ2) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NNN:USA CZ2:Germany

Address

450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801

Website

https://www.nnnreit.com

NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.

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