Polygon Real Estate (XTAE:POLY) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Polygon 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. Polygon Real Estate's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Polygon Real Estate could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Polygon Real Estate's Cash-to-Debt or its related term are showing as below:

XTAE:POLY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: No Debt
Current: No Debt

During the past 11 years, Polygon Real Estate's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.02.

XTAE:POLY's Cash-to-Debt is ranked better than
99.66% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs XTAE:POLY: No Debt

Polygon Real Estate Cash-to-Debt Historical Data

The historical data trend for Polygon 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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Polygon Real Estate Cash-to-Debt Chart

Polygon Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.70

2.88

No Debt

Polygon Real Estate Semi-Annual Data
	Dec13	Dec14	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														2.88	6.57	No Debt	No Debt	No Debt

Competitive Comparison of Polygon Real Estate's Cash-to-Debt

For the Real Estate Services subindustry, Polygon 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.

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

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

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

Polygon 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.

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

Polygon Real Estate had no debt ⁽¹⁾.

Polygon Real Estate's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Polygon Real Estate had no debt ⁽¹⁾.

Polygon Real Estate (XTAE:POLY) 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.

Polygon Real Estate Cash-to-Debt Related Terms

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Polygon Real Estate (XTAE:POLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Polygon Real Estate Ltd (XTAE:POLY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Granit Street 8, Petah Tikva, ISR

Website

Polygon Real Estate Ltd provides real estate services. It develops real estate projects. The company operates in the field of real estate within which the company engages in the initiation, development, purchase and construction of commercial buildings as well as the leasing of real estate assets that it owns.