Activia Properties (TSE:3279) Cash-to-Debt : 0.07 (As of May. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Activia Properties 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. Activia Properties's cash to debt ratio for the quarter that ended in May. 2023 was 0.07.

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, Activia Properties couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2023.

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

TSE:3279' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.1
Current: 0.07

During the past 11 years, Activia Properties's highest Cash to Debt Ratio was 0.10. The lowest was 0.05. And the median was 0.07.

TSE:3279's Cash-to-Debt is ranked worse than
51.44% of 801 companies
in the REITs industry
Industry Median: 0.08 vs TSE:3279: 0.07

Activia Properties Cash-to-Debt Historical Data

The historical data trend for Activia Properties'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.

Activia Properties Cash-to-Debt Chart

Activia Properties Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.06

0.07

Activia Properties Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.06	0.05	0.07	0.07

Competitive Comparison of Activia Properties's Cash-to-Debt

For the REIT - Diversified subindustry, Activia Properties'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.

Activia Properties's Cash-to-Debt Distribution in the REITs Industry

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

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

Activia Properties 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.

Activia Properties's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	18682.435	/	(33249	+	227100)
	=	0.07

Activia Properties's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	17150.438	/	(34250	+	231600)
	=	0.06

Activia Properties (TSE:3279) 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.

Activia Properties Cash-to-Debt Related Terms

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

Activia Properties (TSE:3279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Activia Properties Inc (TSE:3279) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-16-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043

Website

http://www.activia-reit.co.jp

Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. Most of these properties are either urban retail units near major train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's major tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.

Activia Properties (TSE:3279) Headlines

No Headlines