SOHO Development (WAR:SHD) Cash-to-Debt : 2,566.80 (As of Dec. 2023)

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What is SOHO Development 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. SOHO Development's cash to debt ratio for the quarter that ended in Dec. 2023 was 2,566.80.

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, SOHO Development 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 SOHO Development's Cash-to-Debt or its related term are showing as below:

WAR:SHD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 1.57 Max: No Debt
Current: 2566.8

During the past 12 years, SOHO Development's highest Cash to Debt Ratio was No Debt. The lowest was 0.33. And the median was 1.57.

WAR:SHD's Cash-to-Debt is ranked better than
64.16% of 1451 companies
in the Asset Management industry
Industry Median: 5.79 vs WAR:SHD: 2566.80

SOHO Development Cash-to-Debt Historical Data

The historical data trend for SOHO Development'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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SOHO Development Cash-to-Debt Chart

SOHO Development Annual Data

Trend

Dec10

Dec11

Dec12

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash-to-Debt

Get a 7-Day Free Trial

0.63

0.60

No Debt

7.36

3.65

SOHO Development Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															126.08	167.48	432.33	3,542.33	2,566.80

Competitive Comparison of SOHO Development's Cash-to-Debt

For the Asset Management subindustry, SOHO Development'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.

SOHO Development's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SOHO Development's Cash-to-Debt distribution charts can be found below:

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

SOHO Development 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.

SOHO Development's Cash to Debt Ratio for the fiscal year that ended in Sep. 2021 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)
	=	1.277	/	(0.264	+	0.086)
	=	3.65

SOHO Development'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)
	=	12.834	/	(0.005	+	0)
	=	2,566.80

SOHO Development (WAR:SHD) 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.

SOHO Development Cash-to-Debt Related Terms

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

SOHO Development (WAR:SHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SOHO Development SA (WAR:SHD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808

Website

http://www.sohodevelopment.pl

SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

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