CBL & Associates Properties (CBL & Associates Properties) Cash-to-Debt

: 0.15 (As of Dec. 2023)

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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. CBL & Associates Properties's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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, CBL & Associates Properties 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 CBL & Associates Properties's Cash-to-Debt or its related term are showing as below:

CBL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.14 Max: 0.16
Current: 0.15

During the past 5 years, CBL & Associates Properties's highest Cash to Debt Ratio was 0.16. The lowest was 0.08. And the median was 0.14.

CBL's Cash-to-Debt is ranked better than
64.55% of 804 companies
in the REITs industry
Industry Median: 0.09 vs CBL: 0.15

CBL & Associates Properties Cash-to-Debt Historical Data

The historical data trend for CBL & Associates Properties'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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CBL & Associates Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

0.08

0.14

0.16

0.15

CBL & Associates Properties Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt											0.16	0.14	0.14	0.15	0.15

Competitive Comparison

For the REIT - Retail subindustry, CBL & Associates Properties'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.

CBL & Associates Properties Cash-to-Debt Distribution

For the REITs industry and Real Estate sector, CBL & Associates Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where CBL & Associates Properties's Cash-to-Debt falls into.

CBL & Associates Properties 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.

CBL & Associates Properties'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)
	=	296.33	/	(0	+	1969.211)
	=	0.15

CBL & Associates Properties'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)
	=	296.33	/	(0	+	1969.211)
	=	0.15

CBL & Associates Properties (NYSE:CBL) 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.

CBL & Associates Properties Cash-to-Debt Related Terms

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CBL & Associates Properties (CBL & Associates Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CBL & Associates Properties Inc (NYSE:CBL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CAZ0:Germany

Address

2030 Hamilton Place Boulevard, Suite 500, Chattanooga, TN, USA, 37421

Website

https://www.cblproperties.com

CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.

Executives

Andrew Franklin Cobb	officer: Exec VP-Accounting	1563 QUIET POND DR, CHATTANOOGA TN 37415
Benjamin W Jaenicke	officer: Exec VP - Finance	2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Michael A Torres	director	MANUFACTURED HOME COMMUNTIES INC, 2 N RIVERSIDE PLZ #8, CHICAGO IL 60606
Joseph Khalili	officer: EVP Financial Planning & Anlys	2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
Jennifer Cope	officer: EVP Ops Services & Risk Mgmt	2030 HAMILTON PLC BLVD, CBL CENTER, SUITE 500, CHATTANOOGA TN 37421
David J Contis	director	2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffery V. Curry	officer: Interim Chief Legal Officer	4019 BREAKWATER DR, HIXON TN 37343
Charles B Lebovitz	director, 10 percent owner, officer: Chairman and CEO	CBL & ASSOCIATES PROPERTIES INC, ONE PARK PLACE 6148 LEE HWY, CHATTANOOGA TN 37421
Strategic Value Partners, Llc	10 percent owner	100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Strategic Value Special Situations Offshore Fund V, L.p.	10 percent owner	100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jonathan M Heller	director, other: Member of 10% owner group	CANYON PARTNERS, LLC, 1370 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10019
Jeffrey Kivitz	director	39 BOLAND ROAD, SHARON CT 06069
Marjorie L. Bowen	director	225 6TH STREET, MANHATTAN BEACH CA 90266
Strategic Value Special Situations Master Fund Iv, L.p.	10 percent owner	100 WEST PUTNAM AVENUE, GREENWICH CT 06830
Svp Special Situations Iv Llc	10 percent owner	C/O STRATEGIC VALUE PARTNERS, LLC, 100 WEST PUTNAM AVENUE, GREENWICH CT 06830