Araneta Properties (PHS:ARA) Cash-to-Debt : 3,012.91 (As of Mar. 2024)

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What is Araneta 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. Araneta Properties's cash to debt ratio for the quarter that ended in Mar. 2024 was 3,012.91.

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, Araneta Properties could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

PHS:ARA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 659.8 Max: No Debt
Current: 3012.91

During the past 13 years, Araneta Properties's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 659.80.

PHS:ARA's Cash-to-Debt is ranked better than
93.51% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs PHS:ARA: 3012.91

Araneta Properties Cash-to-Debt Historical Data

The historical data trend for Araneta 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.

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Araneta Properties Cash-to-Debt Chart

Araneta Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Araneta Properties 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															83.26	233.82	149.33	No Debt	3,012.91

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

For the Real Estate - Development subindustry, Araneta 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.

Araneta Properties's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Araneta 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.

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

Araneta Properties had no debt ⁽¹⁾.

Araneta Properties'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)
	=	135.581	/	(0.045	+	0)
	=	3,012.91

Araneta Properties (PHS:ARA) 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.

Araneta Properties Cash-to-Debt Related Terms

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Araneta Properties (PHS:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Araneta Properties Inc (PHS:ARA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Makati, PHL, 1227

Website

https://www.aranetaproperties.com

Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops, subdivides, sells, leases, rents, mortgages, manages, and otherwise deals in real estate or any interest therein for residential, commercial, industrial, and recreational purposes. Its property portfolio consists of San Jose del Monte, Bulacan Property; Smelting Plant Property; Land Banking Activities in San Jose Del Monte, Bulacan; and the Land Banking Activities City of Laoag, Ilocos Norte.