Acanthe Developpement (XPAR:ACAN) Cash-to-Debt : 6.90 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Acanthe Developpement 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. Acanthe Developpement's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.90.

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

XPAR:ACAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 2.36 Max: 25.16
Current: 6.9

During the past 13 years, Acanthe Developpement's highest Cash to Debt Ratio was 25.16. The lowest was 0.06. And the median was 2.36.

XPAR:ACAN's Cash-to-Debt is ranked better than
78.75% of 800 companies
in the REITs industry
Industry Median: 0.08 vs XPAR:ACAN: 6.90

Acanthe Developpement Cash-to-Debt Historical Data

The historical data trend for Acanthe Developpement'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.

Acanthe Developpement Cash-to-Debt Chart

Acanthe Developpement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.37

20.23

25.16

6.90

Acanthe Developpement 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															20.23	17.37	25.16	14.03	6.90

Competitive Comparison of Acanthe Developpement's Cash-to-Debt

For the REIT - Office subindustry, Acanthe Developpement'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.

Acanthe Developpement's Cash-to-Debt Distribution in the REITs Industry

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

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

Acanthe Developpement 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.

Acanthe Developpement'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)
	=	7.999	/	(1.088	+	0.072)
	=	6.90

Acanthe Developpement'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)
	=	7.999	/	(1.088	+	0.072)
	=	6.90

Acanthe Developpement (XPAR:ACAN) 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.

Acanthe Developpement Cash-to-Debt Related Terms

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

Acanthe Developpement (XPAR:ACAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acanthe Developpement SA (XPAR:ACAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ADX:Germany

Address

2, rue de Bassano, Paris, FRA, 75116

Website

http://www.acanthedeveloppement.fr

Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.