RNI Negocios Imobiliarios (BSP:RDNI3) Cash-to-Debt : 0.13 (As of Mar. 2024)

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What is RNI Negocios Imobiliarios 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. RNI Negocios Imobiliarios's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.13.

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, RNI Negocios Imobiliarios couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for RNI Negocios Imobiliarios's Cash-to-Debt or its related term are showing as below:

BSP:RDNI3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.28 Max: 1.17
Current: 0.13

During the past 13 years, RNI Negocios Imobiliarios's highest Cash to Debt Ratio was 1.17. The lowest was 0.05. And the median was 0.28.

BSP:RDNI3's Cash-to-Debt is ranked worse than
65.12% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs BSP:RDNI3: 0.13

RNI Negocios Imobiliarios Cash-to-Debt Historical Data

The historical data trend for RNI Negocios Imobiliarios'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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RNI Negocios Imobiliarios Cash-to-Debt Chart

RNI Negocios Imobiliarios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.26

0.15

0.11

0.14

RNI Negocios Imobiliarios Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.05	0.07	0.14	0.13

Competitive Comparison of RNI Negocios Imobiliarios's Cash-to-Debt

For the Real Estate - Development subindustry, RNI Negocios Imobiliarios'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.

RNI Negocios Imobiliarios's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RNI Negocios Imobiliarios's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where RNI Negocios Imobiliarios's Cash-to-Debt falls into.

RNI Negocios Imobiliarios 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.

RNI Negocios Imobiliarios'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)
	=	87.294	/	(185.186	+	457.843)
	=	0.14

RNI Negocios Imobiliarios's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	80.922	/	(206.176	+	413.421)
	=	0.13

RNI Negocios Imobiliarios (BSP:RDNI3) 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.

RNI Negocios Imobiliarios Cash-to-Debt Related Terms

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

RNI Negocios Imobiliarios (BSP:RDNI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RNI Negocios Imobiliarios SA (BSP:RDNI3) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Avenida Francisco das Chagas de Oliveira, nº 2.500, Higienopolis, Sao Jose Do Rio Preto, SP, BRA, 15085-485

Website

https://ri.rni.com.br

RNI Negocios Imobiliarios SA is in the purchase and sale of real estate. It also engages in parceling or plotting of land; development of real estate and construction of properties for sale; and provision of third-party services. The company operates in several real estate segments, always prioritizing the ideals of social responsibility and sustainability, and aims to offer high-quality projects that provide comfort and well-being with security. The Company has a portfolio that serves 3 different product lines Moradas, Terra Nova and Stillo.

RNI Negocios Imobiliarios (BSP:RDNI3) Headlines

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