Leo Palace21 (STU:MQI) Cash-to-Debt : 1.95 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Leo Palace21 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. Leo Palace21's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.95.

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, Leo Palace21 could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Leo Palace21's Cash-to-Debt or its related term are showing as below:

STU:MQI' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.29 Med: 1.68 Max: 2.1
Current: 1.95

During the past 13 years, Leo Palace21's highest Cash to Debt Ratio was 2.10. The lowest was 1.29. And the median was 1.68.

STU:MQI's Cash-to-Debt is ranked better than
78.66% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs STU:MQI: 1.95

Leo Palace21 Cash-to-Debt Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Cash-to-Debt Chart

Leo Palace21 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.79

1.84

1.55

1.38

1.68

Leo Palace21 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	Get a 7-Day Free Trial															1.47	1.68	1.82	1.91	1.95

Competitive Comparison of Leo Palace21's Cash-to-Debt

For the Real Estate Services subindustry, Leo Palace21'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.

Leo Palace21's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Leo Palace21's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Leo Palace21's Cash-to-Debt falls into.

Leo Palace21 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.

Leo Palace21's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	374.259	/	(8.483	+	214.06)
	=	1.68

Leo Palace21'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)
	=	384.419	/	(6.191	+	190.525)
	=	1.95

Leo Palace21 (STU:MQI) 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.

Leo Palace21 Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Leo Palace21's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Leo Palace21 (STU:MQI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leo Palace21 Corp (STU:MQI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8848:Japan MQI:Germany

Address

2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622

Website

http://www.leopalace21.co.jp

Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 (STU:MQI) Headlines

No Headlines