Madison Pacific Properties (TSX:MPC.C) Cash-to-Debt : 0.11 (As of Feb. 2024)

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What is Madison Pacific 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. Madison Pacific Properties's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.11.

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, Madison Pacific Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSX:MPC.C' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.15 Max: 0.27
Current: 0.11

During the past 13 years, Madison Pacific Properties's highest Cash to Debt Ratio was 0.27. The lowest was 0.00. And the median was 0.15.

TSX:MPC.C's Cash-to-Debt is ranked worse than
68.81% of 1789 companies
in the Real Estate industry
Industry Median: 0.25 vs TSX:MPC.C: 0.11

Madison Pacific Properties Cash-to-Debt Historical Data

The historical data trend for Madison Pacific 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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Madison Pacific Properties Cash-to-Debt Chart

Madison Pacific Properties Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.25

0.27

0.15

0.14

0.15

Madison Pacific Properties Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.10	0.15	0.25	0.11

Competitive Comparison of Madison Pacific Properties's Cash-to-Debt

For the Real Estate Services subindustry, Madison Pacific 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.

Madison Pacific Properties's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Madison Pacific 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.

Madison Pacific Properties's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	45.157	/	(57.332	+	251.449)
	=	0.15

Madison Pacific Properties's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	31.434	/	(108.569	+	190.734)
	=	0.11

Madison Pacific Properties (TSX:MPC.C) 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.

Madison Pacific Properties Cash-to-Debt Related Terms

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

Madison Pacific Properties (TSX:MPC.C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Madison Pacific Properties Inc (TSX:MPC.C) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MPC:Canada

Address

389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1

Website

https://www.madisonpacific.ca

Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.

Madison Pacific Properties (TSX:MPC.C) Headlines

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