Corpfin Capital Prime Retail III (XMAD:PR3) Cash-to-Debt : 0.06 (As of Jun. 2023)

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What is Corpfin Capital Prime Retail III 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. Corpfin Capital Prime Retail III's cash to debt ratio for the quarter that ended in Jun. 2023 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, Corpfin Capital Prime Retail III couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Corpfin Capital Prime Retail III's Cash-to-Debt or its related term are showing as below:

XMAD:PR3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: No Debt
Current: 0.06

During the past 9 years, Corpfin Capital Prime Retail III's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.20.

XMAD:PR3's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.09 vs XMAD:PR3: 0.06

Corpfin Capital Prime Retail III Cash-to-Debt Historical Data

The historical data trend for Corpfin Capital Prime Retail III'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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Corpfin Capital Prime Retail III Cash-to-Debt Chart

Corpfin Capital Prime Retail III Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.18

0.08

0.09

0.21

0.09

Corpfin Capital Prime Retail III Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial												0.55	0.21	0.11	0.09	0.06

Competitive Comparison of Corpfin Capital Prime Retail III's Cash-to-Debt

For the REIT - Diversified subindustry, Corpfin Capital Prime Retail III'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.

Corpfin Capital Prime Retail III's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Corpfin Capital Prime Retail III's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Corpfin Capital Prime Retail III's Cash-to-Debt falls into.

Corpfin Capital Prime Retail III 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.

Corpfin Capital Prime Retail III's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.182	/	(0.117	+	1.853)
	=	0.09

Corpfin Capital Prime Retail III's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.207	/	(0.137	+	3.093)
	=	0.06

Corpfin Capital Prime Retail III (XMAD:PR3) 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.

Corpfin Capital Prime Retail III Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Corpfin Capital Prime Retail III's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Corpfin Capital Prime Retail III (XMAD:PR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Corpfin Capital Prime Retail III SA (XMAD:PR3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Serrano 57, 5th Floor, Madrid, ESP, 28006

Website

http://www.corpfincapitalprimeretailiiisocimi.com

Corpfin Capital Prime Retail III SA is a real estate investment trust. The company's main activity is the acquisition and promotion of prime retail assets in the main cities of Spain for its future development, lease and divestment.

Corpfin Capital Prime Retail III (XMAD:PR3) Headlines

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