Nippon Accommodations Fund (Nippon Accommodations Fund) Cash-to-Debt : 0.09 (As of Aug. 2023)

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What is Nippon Accommodations Fund 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. Nippon Accommodations Fund's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.09.

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, Nippon Accommodations Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

The historical rank and industry rank for Nippon Accommodations Fund's Cash-to-Debt or its related term are showing as below:

NIPPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.05 Max: 0.09
Current: 0.09

During the past 13 years, Nippon Accommodations Fund's highest Cash to Debt Ratio was 0.09. The lowest was 0.03. And the median was 0.05.

NIPPF's Cash-to-Debt is ranked better than
52.87% of 800 companies
in the REITs industry
Industry Median: 0.08 vs NIPPF: 0.09

Nippon Accommodations Fund Cash-to-Debt Historical Data

The historical data trend for Nippon Accommodations Fund'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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Nippon Accommodations Fund Cash-to-Debt Chart

Nippon Accommodations Fund Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.07

0.06

0.07

0.08

0.09

Nippon Accommodations Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.08	0.08	0.09	N/A

Competitive Comparison of Nippon Accommodations Fund's Cash-to-Debt

For the REIT - Diversified subindustry, Nippon Accommodations Fund'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.

Nippon Accommodations Fund's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Nippon Accommodations Fund's Cash-to-Debt falls into.

Nippon Accommodations Fund 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.

Nippon Accommodations Fund's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	102.626	/	(120.873	+	1036.052)
	=	0.09

Nippon Accommodations Fund's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	102.626	/	(120.873	+	1036.052)
	=	0.09

Nippon Accommodations Fund (OTCPK:NIPPF) 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.

Nippon Accommodations Fund Cash-to-Debt Related Terms

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

Nippon Accommodations Fund (Nippon Accommodations Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Accommodations Fund Inc (OTCPK:NIPPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3226:Japan

Address

2-1-1 Nihonbashimuromachi, Chuo-ku, Tokyo, JPN, 103-0022

Website

http://www.naf-r.jp

Nippon Accommodations Fund Inc is a Japan-based real estate investment trust (REIT) company. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Apartment Communities, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, Park Cube Higashi Shinagawa, amongst many others.

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