FIBRA Macquarie (FIBRA Macquarie) Cash-to-Debt : 0.03 (As of Sep. 2023)

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What is FIBRA Macquarie 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. FIBRA Macquarie's cash to debt ratio for the quarter that ended in Sep. 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, FIBRA Macquarie couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for FIBRA Macquarie's Cash-to-Debt or its related term are showing as below:

DBMBF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.43
Current: 0.03

During the past 11 years, FIBRA Macquarie's highest Cash to Debt Ratio was 0.43. The lowest was 0.02. And the median was 0.04.

DBMBF's Cash-to-Debt is ranked worse than
72.19% of 802 companies
in the REITs industry
Industry Median: 0.09 vs DBMBF: 0.03

FIBRA Macquarie Cash-to-Debt Historical Data

The historical data trend for FIBRA Macquarie'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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FIBRA Macquarie Cash-to-Debt Chart

FIBRA Macquarie Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.04

0.05

0.06

0.04

0.07

FIBRA Macquarie Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.07	0.03	0.02	0.03

Competitive Comparison of FIBRA Macquarie's Cash-to-Debt

For the REIT - Industrial subindustry, FIBRA Macquarie'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.

FIBRA Macquarie's Cash-to-Debt Distribution in the REITs Industry

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

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

FIBRA Macquarie 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.

FIBRA Macquarie'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)
	=	62.094	/	(248.424	+	607.313)
	=	0.07

FIBRA Macquarie's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	29.777	/	(0.189	+	925.709)
	=	0.03

FIBRA Macquarie (OTCPK:DBMBF) 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.

FIBRA Macquarie Cash-to-Debt Related Terms

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FIBRA Macquarie (FIBRA Macquarie) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FIBRA Macquarie (OTCPK:DBMBF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FIBRAMQ12:Mexico

Address

Calzada Mariano Escobedo 595, Polanco Quinta Sección, Alcaldía Miguel Hidalgo, Mexico City, HGO, MEX, 11560

Website

https://www.fibramacquarie.com

FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. The company's real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of FIBRA Macquarie's total number of properties, total square footage, and total revenue. Most of these industrial locations are used as manufacturing facilities and are located in Northern Mexico. FIBRA Macquarie derives nearly all of its revenue in the form of rental income from tenants. The company's major customers are automotive, electronics, and consumer products, manufacturers, and others.

FIBRA Macquarie (FIBRA Macquarie) Headlines

From GuruFocus

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