Gladstone Commercial (Gladstone Commercial) Cash-to-Debt

: 0.02 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

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. Gladstone Commercial's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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

GOOD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.02

During the past 13 years, Gladstone Commercial's highest Cash to Debt Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

GOOD's Cash-to-Debt is ranked worse than
78.11% of 804 companies
in the REITs industry
Industry Median: 0.09 vs GOOD: 0.02

Gladstone Commercial Cash-to-Debt Historical Data

The historical data trend for Gladstone Commercial'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.

Gladstone Commercial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.02

0.01

0.02

Gladstone Commercial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.02	0.02	0.02	0.02	0.02

Competitive Comparison

For the REIT - Diversified subindustry, Gladstone Commercial'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.

Gladstone Commercial Cash-to-Debt Distribution

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

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

Gladstone Commercial 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.

Gladstone Commercial'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)
	=	11.985	/	(75.75	+	668.204)
	=	0.02

Gladstone Commercial'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)
	=	11.985	/	(75.75	+	668.204)
	=	0.02

Gladstone Commercial (NAS:GOOD) 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.

Gladstone Commercial Cash-to-Debt Related Terms

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

Gladstone Commercial (Gladstone Commercial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gladstone Commercial Corp (NAS:GOOD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GOODN.PFD:USA GLE:Germany

Address

1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102

Website

https://www.gladstonecommercial.com

Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.

Executives

Gary Gerson	officer: Chief Financial Officer	1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22207
Jay Beckhorn	officer: Treasurer	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Arthur S. Cooper	officer: Chief Investment Officer	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Elliott Jr Wislar	officer: Chief Investment Officer	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Paula Novara	director	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Robert G Cutlip	officer: President	C/O HIGHWOODS PROPERTIES, 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michela A English	director	C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Sodo	officer: CFO	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi	other: Affiliate of External Advisor	1521 WESTBRANCH DR., MCLEAN VA 22102
Paul W Adelgren	director	C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone	director, officer: CEO	1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick	director	1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jennifer A Smith	officer: Valuation Officer	1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
George Iii Stelljes	director, officer: EVP, Chief Investment Officer	C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102