INVL Baltic Real Estate (OVSE:INR1L) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is INVL Baltic Real Estate 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. INVL Baltic Real Estate's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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, INVL Baltic Real Estate 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 INVL Baltic Real Estate's Cash-to-Debt or its related term are showing as below:

OVSE:INR1L' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 1.52
Current: 0.07

During the past 11 years, INVL Baltic Real Estate's highest Cash to Debt Ratio was 1.52. The lowest was 0.02. And the median was 0.04.

OVSE:INR1L's Cash-to-Debt is ranked worse than
76.2% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs OVSE:INR1L: 0.07

INVL Baltic Real Estate Cash-to-Debt Historical Data

The historical data trend for INVL Baltic Real Estate'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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INVL Baltic Real Estate Cash-to-Debt Chart

INVL Baltic Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

1.52

0.19

0.10

0.07

INVL Baltic Real Estate Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.11	0.10	0.08	0.07

Competitive Comparison of INVL Baltic Real Estate's Cash-to-Debt

For the Real Estate Services subindustry, INVL Baltic Real Estate'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.

INVL Baltic Real Estate's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where INVL Baltic Real Estate's Cash-to-Debt falls into.

INVL Baltic Real Estate 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.

INVL Baltic Real Estate'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)
	=	1.275	/	(1.195	+	17.861)
	=	0.07

INVL Baltic Real Estate'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)
	=	1.275	/	(1.195	+	17.861)
	=	0.07

INVL Baltic Real Estate (OVSE:INR1L) 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.

INVL Baltic Real Estate Cash-to-Debt Related Terms

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

INVL Baltic Real Estate (OVSE:INR1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » INVL Baltic Real Estate (OVSE:INR1L) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Gyneju Street 14, Vilnius, LTU, 01109

Website

https://www.invlbalticrealestate.lt

INVL Baltic Real Estate is a real estate investment company seeks to ensure the growth of rental income and earn from investments in commercial real estate. The companies owned by INVL Baltic Real Estate invested in commercial real estate: business centers, manufacturing and warehouse properties in Lithuania and Latvia. All the properties are characterized by high occupancy rates and generate stable financial flows, most of them has further development potential. INVL Baltic Real Estate is operating as a closed-end investment company. Management of the company was assumed by INVL Asset Management, the leading alternative asset manager in the Baltics, a part of the leading Baltic asset management group Invalda INVL. The company will operate as a closed-end investment company until 2046.

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