Agat Ejendomme A/S (FRA:2TD) Cash-to-Debt : 0.09 (As of Jan. 2024)

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What is Agat Ejendomme A/S 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. Agat Ejendomme A/S's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.09.

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, Agat Ejendomme A/S couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Agat Ejendomme A/S's Cash-to-Debt or its related term are showing as below:

FRA:2TD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.1
Current: 0.09

During the past 13 years, Agat Ejendomme A/S's highest Cash to Debt Ratio was 0.10. The lowest was 0.01. And the median was 0.02.

FRA:2TD's Cash-to-Debt is ranked worse than
72.48% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs FRA:2TD: 0.09

Agat Ejendomme A/S Cash-to-Debt Historical Data

The historical data trend for Agat Ejendomme A/S'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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Agat Ejendomme A/S Cash-to-Debt Chart

Agat Ejendomme A/S Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.02

0.03

0.01

0.10

0.09

Agat Ejendomme A/S Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.05	0.05	0.02	0.09

Competitive Comparison of Agat Ejendomme A/S's Cash-to-Debt

For the Real Estate Services subindustry, Agat Ejendomme A/S'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.

Agat Ejendomme A/S's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Agat Ejendomme A/S's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Agat Ejendomme A/S's Cash-to-Debt falls into.

Agat Ejendomme A/S 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.

Agat Ejendomme A/S's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	6.172	/	(11.485	+	55.777)
	=	0.09

Agat Ejendomme A/S's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	6.172	/	(11.485	+	55.777)
	=	0.09

Agat Ejendomme A/S (FRA:2TD) 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.

Agat Ejendomme A/S Cash-to-Debt Related Terms

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

Agat Ejendomme A/S (FRA:2TD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agat Ejendomme A/S (FRA:2TD) » Definitions » Cash-to-Debt

Traded in Other Exchanges

AGAT:Denmark

Address

Vestre Havnepromenade 7, 3rd Floor, Aalborg, DNK, 9000

Website

https://www.agat.dk

Agat Ejendomme A/S develops, builds and invests in properties that create value to the people who live, work and do their shopping in these properties. The properties developed by the company are either included in the company's property portfolio or sold to end-users or investors. The company's strategic focus is on the development of a diversified property portfolio in Denmark and on property development activities in Denmark. In terms of segments, the company is engaged in three business areas such as Real estate portfolio, Development activities, and Residual activities.

Agat Ejendomme A/S (FRA:2TD) Headlines

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