Advance Logistics Investment (TSE:3493) Cash-to-Debt : 0.06 (As of Feb. 2024)

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What is Advance Logistics 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. Advance Logistics Investment's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.06.

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, Advance Logistics Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:3493' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.07
Current: 0.06

During the past 5 years, Advance Logistics Investment's highest Cash to Debt Ratio was 0.07. The lowest was 0.03. And the median was 0.05.

TSE:3493's Cash-to-Debt is ranked worse than
55.15% of 816 companies
in the REITs industry
Industry Median: 0.08 vs TSE:3493: 0.06

Advance Logistics Investment Cash-to-Debt Historical Data

The historical data trend for Advance Logistics 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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Advance Logistics Investment Cash-to-Debt Chart

Advance Logistics Investment Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Aug23

Cash-to-Debt

0.05

0.03

0.04

0.07

0.05

Advance Logistics Investment Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial					0.04	0.06	0.07	0.05	0.06

Competitive Comparison of Advance Logistics Investment's Cash-to-Debt

For the REIT - Industrial subindustry, Advance Logistics 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.

Advance Logistics Investment's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Advance Logistics Investment's Cash-to-Debt falls into.

Advance Logistics 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.

Advance Logistics Investment's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	2731.448	/	(0	+	57420)
	=	0.05

Advance Logistics Investment's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	3539.129	/	(10570	+	46850)
	=	0.06

Advance Logistics Investment (TSE:3493) 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.

Advance Logistics Investment Cash-to-Debt Related Terms

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Advance Logistics Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Logistics Investment Corp (TSE:3493) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-105 Kanda-Jinbocho, 17th Floor, Jinbocho Mitsui Building, Chiyoda Ward, Tokyo, JPN

Website

https://www.adl-reit.com

Advance Logistics Investment Corp is a Japanese real estate investment company. It is engaged in investing in logistics real estate.

Advance Logistics Investment Headlines

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