Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Cash-to-Debt : 88.33 (As of Dec. 2023)

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What is Asa Metropolis Fundo De Investimento Imobiliario 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. Asa Metropolis Fundo De Investimento Imobiliario's cash to debt ratio for the quarter that ended in Dec. 2023 was 88.33.

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, Asa Metropolis Fundo De Investimento Imobiliario could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt or its related term are showing as below:

BSP:ASMT11' s Cash-to-Debt Range Over the Past 10 Years
Min: 88.33 Med: 110.01 Max: 137.82
Current: 88.33

During the past 3 years, Asa Metropolis Fundo De Investimento Imobiliario's highest Cash to Debt Ratio was 137.82. The lowest was 88.33. And the median was 110.01.

BSP:ASMT11's Cash-to-Debt is ranked better than
80.4% of 801 companies
in the REITs industry
Industry Median: 0.08 vs BSP:ASMT11: 88.33

Asa Metropolis Fundo De Investimento Imobiliario Cash-to-Debt Historical Data

The historical data trend for Asa Metropolis Fundo De Investimento Imobiliario'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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Asa Metropolis Fundo De Investimento Imobiliario Cash-to-Debt Chart

Asa Metropolis Fundo De Investimento Imobiliario Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

137.82

110.01

88.33

Asa Metropolis Fundo De Investimento Imobiliario Semi-Annual Data
	Dec21	Dec22	Dec23
Cash-to-Debt	137.82	110.01	88.33

Competitive Comparison of Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt

For the REIT - Specialty subindustry, Asa Metropolis Fundo De Investimento Imobiliario'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.

Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt falls into.

Asa Metropolis Fundo De Investimento Imobiliario 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.

Asa Metropolis Fundo De Investimento Imobiliario'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)
	=	37.893	/	(0	+	0.429)
	=	88.33

Asa Metropolis Fundo De Investimento Imobiliario'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)
	=	37.893	/	(0	+	0.429)
	=	88.33

Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) 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.

Asa Metropolis Fundo De Investimento Imobiliario Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Asa Metropolis Fundo De Investimento Imobiliario's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praia de Botafogo, 501, 6th Floor- Botafogo-, Rio de Janeiro, RJ, BRA, RJ- 22250-040

Website

Asa Metropolis Fundo De Investimento Imobiliario is a real estate investment fund whose main objective is to earn income from rentals and capital gains based on the appreciation of its assets. The fund invests in commercial properties in the main urban regions of Brazil.

Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Headlines

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