Ktesios Real Estate SOCIMI (XLIS:MLKTS) Cash-to-Debt : 0.09 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ktesios Real Estate SOCIMI 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. Ktesios Real Estate SOCIMI's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, Ktesios Real Estate SOCIMI couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XLIS:MLKTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.41 Max: 1.14
Current: 0.09

During the past 5 years, Ktesios Real Estate SOCIMI's highest Cash to Debt Ratio was 1.14. The lowest was 0.09. And the median was 0.41.

XLIS:MLKTS's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.08 vs XLIS:MLKTS: 0.09

Ktesios Real Estate SOCIMI Cash-to-Debt Historical Data

The historical data trend for Ktesios Real Estate SOCIMI'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.

* Premium members only.

Ktesios Real Estate SOCIMI Cash-to-Debt Chart

Ktesios Real Estate SOCIMI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.41

0.57

0.26

1.14

0.09

Ktesios Real Estate SOCIMI Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.26	0.48	1.14	0.17	0.09

Competitive Comparison of Ktesios Real Estate SOCIMI's Cash-to-Debt

For the REIT - Residential subindustry, Ktesios Real Estate SOCIMI'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.

Ktesios Real Estate SOCIMI's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Ktesios Real Estate SOCIMI's Cash-to-Debt falls into.

Ktesios Real Estate SOCIMI 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.

Ktesios Real Estate SOCIMI'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)
	=	0.583	/	(1.214	+	5.333)
	=	0.09

Ktesios Real Estate SOCIMI's Cash to Debt Ratio for the quarter 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)
	=	0.583	/	(1.214	+	5.333)
	=	0.09

Ktesios Real Estate SOCIMI (XLIS:MLKTS) 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.

Ktesios Real Estate SOCIMI Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Ktesios Real Estate SOCIMI's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Ktesios Real Estate SOCIMI (XLIS:MLKTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ktesios Real Estate SOCIMI SA (XLIS:MLKTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Sagasta Street 15, 7th Floor Left, Madrid, ESP, 28004

Website

https://www.ktesios-socimi.es

Ktesios Real Estate SOCIMI SA is a classic real estate company, specializing in investing at discounted prices in residential assets for long-term rent, located in small municipalities in Spain and Portugal with a favorable economic environment. It aims to professionalize the sector by investing in such locations and by offering quality housing at affordable rents, offering to all types of investors a sustainable and stable investment.

Ktesios Real Estate SOCIMI (XLIS:MLKTS) Headlines

No Headlines