GOP Properties Socimi (XMAD:YGOP) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is GOP Properties 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. GOP Properties Socimi's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, GOP Properties 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 GOP Properties Socimi's Cash-to-Debt or its related term are showing as below:

XMAD:YGOP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.01

During the past 8 years, GOP Properties Socimi's highest Cash to Debt Ratio was 0.04. The lowest was 0.01. And the median was 0.01.

XMAD:YGOP's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.08 vs XMAD:YGOP: 0.01

GOP Properties Socimi Cash-to-Debt Historical Data

The historical data trend for GOP Properties 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.

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GOP Properties Socimi Cash-to-Debt Chart

GOP Properties Socimi Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.04

0.01

GOP Properties Socimi Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.01	0.02	0.01	0.02	0.01

Competitive Comparison of GOP Properties Socimi's Cash-to-Debt

For the REIT - Diversified subindustry, GOP Properties 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.

GOP Properties Socimi's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where GOP Properties Socimi's Cash-to-Debt falls into.

GOP Properties 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.

GOP Properties 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)
	=	0.857	/	(1.083	+	63.457)
	=	0.01

GOP Properties 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)
	=	0.857	/	(1.083	+	63.457)
	=	0.01

GOP Properties Socimi (XMAD:YGOP) 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.

GOP Properties Socimi Cash-to-Debt Related Terms

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

GOP Properties Socimi (XMAD:YGOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GOP Properties Socimi SA (XMAD:YGOP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida del Ensanche de Vallecas, 44, Madrid, ESP, 28051

Website

http://www.grupoortizproperties.com

GOP Properties Socimi SA is a Real Estate Investment Trust. The purpose of the company is to manage and operate a diversified portfolio of assets. Its assets are located mainly in Madrid. The main strategy of the company is aimed at generating recurring income for the shareholder and the creation of value in the assets of its present and future portfolio.

GOP Properties Socimi (XMAD:YGOP) Headlines

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