Apartmentome REIT (Apartmentome REIT) Cash-to-Debt

: 0.03 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

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. Apartmentome REIT'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, Apartmentome REIT 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 Apartmentome REIT's Cash-to-Debt or its related term are showing as below:

AIVpA.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.03

During the past 13 years, Apartmentome REIT's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

AIVpA.PFD's Cash-to-Debt is ranked worse than
72.14% of 804 companies
in the REITs industry
Industry Median: 0.09 vs AIVpA.PFD: 0.03

Apartmentome REIT Cash-to-Debt Historical Data

The historical data trend for Apartmentome REIT'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.

* Premium members only.

Apartmentome REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.03

0.01

0.02

0.03

Apartmentome REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.03	0.02	0.03	0.03	0.03

Competitive Comparison

For the REIT - Residential subindustry, Apartmentome REIT'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.

Apartmentome REIT Cash-to-Debt Distribution

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

* The bar in red indicates where Apartmentome REIT's Cash-to-Debt falls into.

Apartmentome REIT 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.

Apartmentome REIT'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)
	=	91.401	/	(115	+	3095.344)
	=	0.03

Apartmentome REIT'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)
	=	91.401	/	(115	+	3095.344)
	=	0.03

Apartmentome REIT (NYSE:AIVpA.PFD) 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.

Apartmentome REIT Cash-to-Debt Related Terms

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

Apartmentome REIT (Apartmentome REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Income REIT Corp (NYSE:AIVpA.PFD) » Definitions » Cash-to-Debt

Comparable Companies

IRT VRE ELME AIV UMH CSR NXRT BRT FREVS CLPR AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

AIRC:USA A1IV34:Brazil

Address

4582 South Ulster Street, Suite 1700, Denver, CO, USA, 80237

Website

https://www.aircommunities.com

Apartment Investment and Management Co. owns a portfolio of 73 apartment communities with over 25,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.