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AGP Malaga Socimi (XPAR:MLAGP) Cash-to-Debt : 0.02 (As of Dec. 2023)


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What is AGP Malaga Socimi 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. AGP Malaga Socimi's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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, AGP Malaga Socimi 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 AGP Malaga Socimi's Cash-to-Debt or its related term are showing as below:

XPAR:MLAGP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.09
Current: 0.02

During the past 5 years, AGP Malaga Socimi's highest Cash to Debt Ratio was 0.09. The lowest was 0.02. And the median was 0.04.

XPAR:MLAGP's Cash-to-Debt is ranked worse than
78.35% of 799 companies
in the REITs industry
Industry Median: 0.08 vs XPAR:MLAGP: 0.02

AGP Malaga Socimi Cash-to-Debt Historical Data

The historical data trend for AGP Malaga Socimi'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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AGP Malaga Socimi Cash-to-Debt Chart

AGP Malaga Socimi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.09 0.04 0.04 0.09 0.02

AGP Malaga Socimi Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt 0.09 0.04 0.04 0.09 0.02

Competitive Comparison of AGP Malaga Socimi's Cash-to-Debt

For the REIT - Diversified subindustry, AGP Malaga Socimi'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.

AGP Malaga Socimi's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where AGP Malaga Socimi's Cash-to-Debt falls into.


AGP Malaga Socimi 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.

AGP Malaga Socimi'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)
=0.364 / (2.828 + 16.476)
=0.02

AGP Malaga Socimi'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)
=0.364 / (2.828 + 16.476)
=0.02

* 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.

AGP Malaga Socimi  (XPAR:MLAGP) 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.

AGP Malaga Socimi Cash-to-Debt Related Terms

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AGP Malaga Socimi (XPAR:MLAGP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AGP Malaga Socimi SA (XPAR:MLAGP) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Alameda Principal 16, 2nd Floor, office 1, Malaga, ESP, 29005
Website
https://www.agpsocimi.com
AGP Malaga Socimi SA is a real estate investment trust. The objective of the company is to acquire and lease real estate of various kinds, such as offices, warehouses, or commercial premises in Spanish territory.

AGP Malaga Socimi (XPAR:MLAGP) Headlines

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