Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) Cash-to-Debt: 0.03 (As of Dec. 2023)

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What is Igis Neptune Barcelona Holdco Socimi Cash-to-Debt?

Igis Neptune Barcelona Holdco Socimi XPAR:MLABC Cash-to-Debt is 0.03 as of Dec. 2023.

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. Igis Neptune Barcelona Holdco Socimi's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Igis Neptune Barcelona Holdco 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 Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt or its related term are showing as below:

XPAR:MLABC's Cash-to-Debt is not ranked *
in the REITs industry.
Industry Median: 0.09
* Ranked among companies with meaningful Cash-to-Debt only.

Igis Neptune Barcelona Holdco Socimi  (XPAR:MLABC) 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.

Igis Neptune Barcelona Holdco Socimi Cash-to-Debt Related Terms

Igis Neptune Barcelona Holdco Socimi Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi Cash-to-Debt Chart

Igis Neptune Barcelona Holdco Socimi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.05 0.02 0.05 0.03

Igis Neptune Barcelona Holdco Socimi Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Cash-to-Debt 0.05 0.02 0.05 0.03

XPAR:MLABC vs : Cash-to-Debt Comparison

For the REIT - Industrial subindustry, Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco Socimi Cash-to-Debt vs REITs Industry

For the REITs industry and Real Estate sector, Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt falls into.


Igis Neptune Barcelona Holdco 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.

Igis Neptune Barcelona Holdco 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)
=2.24457473 / (86.29490052 + 0)
=0.03

Igis Neptune Barcelona Holdco 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)
=2.24457473 / (86.29490052 + 0)
=0.03

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.03 mean?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a Cash-to-Debt of 0.03 as of Dec. 2023.
Is Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt too high?
Igis Neptune Barcelona Holdco Socimi's current Cash-to-Debt is 0.03. The REITs industry median Cash-to-Debt is 0.09. Igis Neptune Barcelona Holdco Socimi's value of 0.03 is 66.7% below this industry median.
How does Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt compare to ?
Igis Neptune Barcelona Holdco Socimi's Cash-to-Debt of 0.03 can be compared against companies in the REITs industry. The industry median Cash-to-Debt is 0.09. Igis Neptune Barcelona Holdco Socimi's value of 0.03 is 66.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a REITs company?
The median Cash-to-Debt among REITs companies is 0.09, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Igis Neptune Barcelona Holdco Socimi's current Cash-to-Debt of 0.03 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Cash-to-Debt is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igis Neptune Barcelona Holdco Socimi's current Cash-to-Debt is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igis Neptune Barcelona Holdco Socimi stock overvalued right now?
Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC) has a current Cash-to-Debt of 0.03. The current Cash-to-Debt is 0.03 and 66.7% below the REITs industry median of 0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Igis Neptune Barcelona Holdco Socimi (XPAR:MLABC), the current Cash-to-Debt is 0.03 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Igis Neptune Barcelona Holdco Socimi Business Description

Industry Real EstateREITs
Comparable Companies
Address Calle Principe de Vergara 112, 4th floor, Madrid, ESP, 28002
Igis Neptune Barcelona Holdco Socimi SA is a Real Estate Investment Trust (REIT) specialized in the holding and management of real estate located in Spain. The company currently holds one logistics real estate asset in Barcelona.