GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) » Definitions » Cash-to-Debt

Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) Cash-to-Debt : No Debt (1) (As of Jun. 2024)


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What is Inter Residence Fundo DE Investimento Imobiliario -FII 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. Inter Residence Fundo DE Investimento Imobiliario -FII's cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Inter Residence Fundo DE Investimento Imobiliario -FII could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(1) 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.

The historical rank and industry rank for Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt or its related term are showing as below:

BSP:INRD11' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 4 years, Inter Residence Fundo DE Investimento Imobiliario -FII's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BSP:INRD11's Cash-to-Debt is ranked better than
99.89% of 875 companies
in the REITs industry
Industry Median: 0.09 vs BSP:INRD11: No Debt

Inter Residence Fundo DE Investimento Imobiliario -FII Cash-to-Debt Historical Data

The historical data trend for Inter Residence Fundo DE Investimento Imobiliario -FII'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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Inter Residence Fundo DE Investimento Imobiliario -FII Cash-to-Debt Chart

Inter Residence Fundo DE Investimento Imobiliario -FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
No Debt No Debt No Debt No Debt

Inter Residence Fundo DE Investimento Imobiliario -FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
Cash-to-Debt No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt

For the REIT - Residential subindustry, Inter Residence Fundo DE Investimento Imobiliario -FII'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.

Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt falls into.


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Inter Residence Fundo DE Investimento Imobiliario -FII 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.

Inter Residence Fundo DE Investimento Imobiliario -FII's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Inter Residence Fundo DE Investimento Imobiliario -FII had no debt (1).

Inter Residence Fundo DE Investimento Imobiliario -FII's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Inter Residence Fundo DE Investimento Imobiliario -FII had no debt (1).

* 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.

Inter Residence Fundo DE Investimento Imobiliario -FII  (BSP:INRD11) 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.

Inter Residence Fundo DE Investimento Imobiliario -FII Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Inter Residence Fundo DE Investimento Imobiliario -FII's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Inter Residence Fundo DE Investimento Imobiliario -FII Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) » Definitions » Cash-to-Debt
Comparable Companies
BSP:RBRS11 BSP:JPPA11 BSP:TCIN11 BSP:ARRI11 BSP:ROOF11 BSP:RBRI11 BSP:HOSI11 BSP:KEVE11 BSP:VCRR11 BSP:RBIR11 AVB EQR INVH ESS MAA SUI UDR AMH CPT ELS
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Website
https://alugue.luggo.com.br
Inter Residence Fundo DE Investimento Imobiliario -FII formerly Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

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