Alliances Developpement Immobilier (CAS:ADI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Alliances Developpement Immobilier 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. Alliances Developpement Immobilier's cash to debt ratio for the quarter that ended in Jun. 2023 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, Alliances Developpement Immobilier could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(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 Alliances Developpement Immobilier's Cash-to-Debt or its related term are showing as below:

CAS:ADI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.15 Max: No Debt
Current: 0.07

During the past 13 years, Alliances Developpement Immobilier's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.15.

CAS:ADI's Cash-to-Debt is ranked worse than
76.9% of 1792 companies
in the Real Estate industry
Industry Median: 0.26 vs CAS:ADI: 0.07

Alliances Developpement Immobilier Cash-to-Debt Historical Data

The historical data trend for Alliances Developpement Immobilier'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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Alliances Developpement Immobilier Cash-to-Debt Chart

Alliances Developpement Immobilier Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.20

0.19

0.15

0.13

0.14

Alliances Developpement Immobilier Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.13	0.15	0.14	No Debt

Competitive Comparison of Alliances Developpement Immobilier's Cash-to-Debt

For the Real Estate Services subindustry, Alliances Developpement Immobilier'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.

Alliances Developpement Immobilier's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Cash-to-Debt falls into.

Alliances Developpement Immobilier 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.

Alliances Developpement Immobilier'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)
	=	281.414	/	(0	+	2007.466)
	=	0.14

Alliances Developpement Immobilier's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Alliances Developpement Immobilier had no debt ⁽¹⁾.

Alliances Developpement Immobilier (CAS:ADI) 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.

Alliances Developpement Immobilier Cash-to-Debt Related Terms

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Alliances Developpement Immobilier (CAS:ADI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alliances Developpement Immobilier SA (CAS:ADI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16, Rue Ali Abderrazak, Casablanca, MAR

Website

http://www.alliances.co.ma

Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.