EfTEN Real Estate Fund AS (OTSE:EFT1T) Cash-to-Debt : 0.14 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is EfTEN Real Estate Fund AS 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. EfTEN Real Estate Fund AS's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.14.

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, EfTEN Real Estate Fund AS couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for EfTEN Real Estate Fund AS's Cash-to-Debt or its related term are showing as below:

OTSE:EFT1T' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 0.34
Current: 0.14

During the past 9 years, EfTEN Real Estate Fund AS's highest Cash to Debt Ratio was 0.34. The lowest was 0.06. And the median was 0.14.

OTSE:EFT1T's Cash-to-Debt is ranked worse than
63.34% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs OTSE:EFT1T: 0.14

EfTEN Real Estate Fund AS Cash-to-Debt Historical Data

The historical data trend for EfTEN Real Estate Fund AS'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.

EfTEN Real Estate Fund AS Cash-to-Debt Chart

EfTEN Real Estate Fund AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.34

0.07

0.18

0.17

0.12

EfTEN Real Estate Fund AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.10	0.12	0.12	0.14

Competitive Comparison of EfTEN Real Estate Fund AS's Cash-to-Debt

For the Real Estate Services subindustry, EfTEN Real Estate Fund AS'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.

EfTEN Real Estate Fund AS's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, EfTEN Real Estate Fund AS's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where EfTEN Real Estate Fund AS's Cash-to-Debt falls into.

EfTEN Real Estate Fund AS 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.

EfTEN Real Estate Fund AS'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)
	=	18.112	/	(16.907	+	130.849)
	=	0.12

EfTEN Real Estate Fund AS's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	20.268	/	(8.604	+	139.644)
	=	0.14

EfTEN Real Estate Fund AS (OTSE:EFT1T) 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.

EfTEN Real Estate Fund AS Cash-to-Debt Related Terms

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

EfTEN Real Estate Fund AS (OTSE:EFT1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » EfTEN Real Estate Fund AS (OTSE:EFT1T) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

A. Lauteri 5, Tallinn, EST, 10114

Website

https://www.eref.ee

EfTEN Real Estate Fund AS is a closed alternative investment fund. The company invests in cash-flow-generating commercial properties in the Baltic states. Its segments include Office premises, Logistics premises, Retail premises, and Care home premises. The fund targets retail investors. Its geographical segments are Estonia, Latvia, and Lithuania. It generates a majority of its revenue from Retail premises. Geographically, the company generates a majority of its revenue from Lithuania.

EfTEN Real Estate Fund AS (OTSE:EFT1T) Headlines

No Headlines