Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Cash-to-Debt : 0.07 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Olimpo Real Estate Portugal SIGI 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. Olimpo Real Estate Portugal SIGI'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, Olimpo Real Estate Portugal SIGI 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 Olimpo Real Estate Portugal SIGI's Cash-to-Debt or its related term are showing as below:

XLIS:MLORE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.7 Max: No Debt
Current: 0.07

During the past 5 years, Olimpo Real Estate Portugal SIGI's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.70.

XLIS:MLORE's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.08 vs XLIS:MLORE: 0.07

Olimpo Real Estate Portugal SIGI Cash-to-Debt Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

* Premium members only.

Olimpo Real Estate Portugal SIGI Cash-to-Debt Chart

Olimpo Real Estate Portugal SIGI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

1.58

0.70

0.11

0.07

Olimpo Real Estate Portugal SIGI Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.70	0.65	0.11	0.04	0.07

Competitive Comparison of Olimpo Real Estate Portugal SIGI's Cash-to-Debt

For the REIT - Diversified subindustry, Olimpo Real Estate Portugal SIGI'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.

Olimpo Real Estate Portugal SIGI's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Olimpo Real Estate Portugal SIGI's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Olimpo Real Estate Portugal SIGI's Cash-to-Debt falls into.

Olimpo Real Estate Portugal SIGI 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.

Olimpo Real Estate Portugal SIGI'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)
	=	2.543	/	(0	+	38.105)
	=	0.07

Olimpo Real Estate Portugal SIGI'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)
	=	2.543	/	(0	+	38.105)
	=	0.07

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) 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.

Olimpo Real Estate Portugal SIGI Cash-to-Debt Related Terms

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

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lugar do Espido, Via Norte, Miaia, PRT, 4471-909

Website

https://www.ores-portugal.com

Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

No Headlines