Net Lease Office Properties (Net Lease Office Properties) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is Net Lease Office 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. Net Lease Office Properties's cash to debt ratio for the quarter that ended in Dec. 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, Net Lease Office Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NLOP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.03

During the past 5 years, Net Lease Office Properties's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

NLOP's Cash-to-Debt is ranked worse than
72.65% of 797 companies
in the REITs industry
Industry Median: 0.08 vs NLOP: 0.03

Net Lease Office Properties Cash-to-Debt Historical Data

The historical data trend for Net Lease Office 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.

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Net Lease Office Properties Cash-to-Debt Chart

Net Lease Office Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.01

0.03

0.02

0.03

Net Lease Office Properties Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				N/A	0.02	0.09	0.02	0.03

Competitive Comparison of Net Lease Office Properties's Cash-to-Debt

For the REIT - Office subindustry, Net Lease Office 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.

Net Lease Office Properties's Cash-to-Debt Distribution in the REITs Industry

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

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

Net Lease Office 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.

Net Lease Office Properties'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)
	=	16.269	/	(0	+	541.979)
	=	0.03

Net Lease Office Properties'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)
	=	16.269	/	(0	+	541.979)
	=	0.03

Net Lease Office Properties (NYSE:NLOP) 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.

Net Lease Office Properties Cash-to-Debt Related Terms

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Net Lease Office Properties (Net Lease Office Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Net Lease Office Properties (NYSE:NLOP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001

Website

Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.

Executives

Richard J Pinola	director	BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a.	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox	officer: CHIEF EXECUTIVE OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone	officer: CHIEF FINANCIAL OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander	officer: CHIEF ACCOUNTING OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc.	10 percent owner	ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

Net Lease Office Properties (Net Lease Office Properties) Headlines

From GuruFocus

Net Lease Office Properties Announces Sales of Four U.S. Office Properties Totaling $43 Million

By PRNewswire • 01-11-2024

Net Lease Office Properties Declares Common Share Dividend of $0.34 Per Share

By PRNewswire • 12-08-2023