Ichigo Hotel REIT Investment (TSE:3463) Cash-to-Debt : 0.05 (As of Jul. 2024)

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What is Ichigo Hotel REIT Investment 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. Ichigo Hotel REIT Investment's cash to debt ratio for the quarter that ended in Jul. 2024 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, Ichigo Hotel REIT Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

The historical rank and industry rank for Ichigo Hotel REIT Investment's Cash-to-Debt or its related term are showing as below:

TSE:3463' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.2
Current: 0.05

During the past 9 years, Ichigo Hotel REIT Investment's highest Cash to Debt Ratio was 0.20. The lowest was 0.05. And the median was 0.14.

TSE:3463's Cash-to-Debt is ranked worse than
60.92% of 870 companies
in the REITs industry
Industry Median: 0.08 vs TSE:3463: 0.05

Ichigo Hotel REIT Investment Cash-to-Debt Historical Data

The historical data trend for Ichigo Hotel REIT Investment'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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Ichigo Hotel REIT Investment Cash-to-Debt Chart

Ichigo Hotel REIT Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash-to-Debt

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0.14

0.17

0.07

0.05

Ichigo Hotel REIT Investment Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial													0.17	0.10	0.07	0.03	0.05

Competitive Comparison of Ichigo Hotel REIT Investment's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.

Ichigo Hotel REIT Investment's Cash-to-Debt Distribution in the REITs Industry

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

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

Ichigo Hotel REIT Investment 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.

Ichigo Hotel REIT Investment's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	1549.288	/	(3000	+	29470)
	=	0.05

Ichigo Hotel REIT Investment's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	1549.288	/	(3000	+	29470)
	=	0.05

Ichigo Hotel REIT Investment (TSE:3463) 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.

Ichigo Hotel REIT Investment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Ichigo Hotel REIT Investment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Ichigo Hotel REIT Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Hotel REIT Investment Corp (TSE:3463) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920

Website

http://www.ichigo-hotel.co.jp

Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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