GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » VICI Properties Inc (NYSE:VICI) » Definitions » Cash-to-Debt

VICI Properties (VICI Properties) Cash-to-Debt : 0.03 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is VICI 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. VICI 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, VICI 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 VICI Properties's Cash-to-Debt or its related term are showing as below:

VICI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 0.15   Max: 65.71
Current: 0.03

During the past 10 years, VICI Properties's highest Cash to Debt Ratio was 65.71. The lowest was 0.03. And the median was 0.15.

VICI's Cash-to-Debt is ranked worse than
72.1% of 803 companies
in the REITs industry
Industry Median: 0.08 vs VICI: 0.03

VICI Properties Cash-to-Debt Historical Data

The historical data trend for VICI 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.

* Premium members only.

VICI Properties Cash-to-Debt Chart

VICI Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.05 0.15 0.03 0.03

VICI Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.04 0.03 0.03

Competitive Comparison of VICI Properties's Cash-to-Debt

For the REIT - Diversified subindustry, VICI 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.


VICI Properties's Cash-to-Debt Distribution in the REITs Industry

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

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



VICI 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.

VICI Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

VICI Properties's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


VICI Properties  (NYSE:VICI) 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.


VICI Properties Cash-to-Debt Related Terms

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


VICI Properties (VICI Properties) Business Description

Traded in Other Exchanges
Address
535 Madison Avenue, 20th Floor, New York, NY, USA, 10022
VICI Properties Inc is a real estate investment trust based in the US. It acts as an owner, acquirer, and developer of real estate assets across gaming, hospitality, entertainment and leisure destinations. The company's operating segments are real property business and golf course business. The Real property business segment consists of the leased real property whereas the Golf course business segment consists of several golf courses. Its golf courses include the Cascata golf course, the Rio Secco golf course, the Grand Bear golf course and the Chariot Run golf course.
Executives
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Gabriel Wasserman officer: Chief Accounting Officer 430 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Samantha Sacks Gallagher officer: See Remarks C/O VICI PROPERTIES INC., 535 MADISON AVE 20TH FL, NEW YORK NY 10022
Payne John W R director, officer: President and COO 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
James R Abrahamson director C/O MARCUS CORP, 100 EAST WISCONSIN AVE, SUITE 1900, MILWAUKEE WI 53202-4125
Edward Baltazar Pitoniak director, officer: Chief Executive Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
David Andrew Kieske officer: Chief Financial Officer C/O VICI PROPERTIES INC., 535 MADISON AVENUE 20TH FL, NEW YORK NY 10022
Monica Howard Douglas director 535 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Kenneth J. Kuick officer: Chief Accounting Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Eric L Hausler director C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Elizabeth I Holland director 909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Craig Macnab director C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Mary Elizabeth Higgins director, officer: Chief Financial Officer 3525 E. POST ROAD #120, LAS VEGAS NV 89120