Compagnie Immobiliere Limitee (XMAU:CIMO) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Compagnie Immobiliere Limitee 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. Compagnie Immobiliere Limitee's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

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, Compagnie Immobiliere Limitee could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

XMAU:CIMO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.01

During the past 3 years, Compagnie Immobiliere Limitee's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

XMAU:CIMO's Cash-to-Debt is ranked worse than
95.36% of 1789 companies
in the Real Estate industry
Industry Median: 0.25 vs XMAU:CIMO: 0.01

Compagnie Immobiliere Limitee Cash-to-Debt Historical Data

The historical data trend for Compagnie Immobiliere Limitee'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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Compagnie Immobiliere Limitee Cash-to-Debt Chart

Compagnie Immobiliere Limitee Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

0.14

0.01

Compagnie Immobiliere Limitee Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	0.01	No Debt	No Debt

Competitive Comparison of Compagnie Immobiliere Limitee's Cash-to-Debt

For the Real Estate Services subindustry, Compagnie Immobiliere Limitee'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.

Compagnie Immobiliere Limitee's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Compagnie Immobiliere Limitee's Cash-to-Debt falls into.

Compagnie Immobiliere Limitee 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.

Compagnie Immobiliere Limitee's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	6.462	/	(474.936	+	71.313)
	=	0.01

Compagnie Immobiliere Limitee's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Compagnie Immobiliere Limitee had no debt ⁽¹⁾.

Compagnie Immobiliere Limitee (XMAU:CIMO) 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.

Compagnie Immobiliere Limitee Cash-to-Debt Related Terms

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Compagnie Immobiliere Limitee (XMAU:CIMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Compagnie Immobiliere Limitee (XMAU:CIMO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38, Royal Street, Port Louis, MUS, 11602

Website

https://www.currimjee.com

Compagnie Immobiliere Limitee is engaged in renting of property.

Compagnie Immobiliere Limitee (XMAU:CIMO) Headlines

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Compagnie Immobiliere Limitee (XMAU:CIMO) Cash-to-Debt : No Debt (1) (As of Sep. 2023)