CapitaLand Ascott Trust (SGX:HMN) Cash-to-Debt : 0.13 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is CapitaLand Ascott Trust 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. CapitaLand Ascott Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, CapitaLand Ascott Trust 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 CapitaLand Ascott Trust's Cash-to-Debt or its related term are showing as below:

SGX:HMN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.12 Max: 0.18
Current: 0.13

During the past 13 years, CapitaLand Ascott Trust's highest Cash to Debt Ratio was 0.18. The lowest was 0.08. And the median was 0.12.

SGX:HMN's Cash-to-Debt is ranked better than
62% of 800 companies
in the REITs industry
Industry Median: 0.08 vs SGX:HMN: 0.13

CapitaLand Ascott Trust Cash-to-Debt Historical Data

The historical data trend for CapitaLand Ascott Trust'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.

CapitaLand Ascott Trust Cash-to-Debt Chart

CapitaLand Ascott Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.18

0.12

0.13

CapitaLand Ascott Trust 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															0.12	0.11	0.12	0.13	0.13

Competitive Comparison of CapitaLand Ascott Trust's Cash-to-Debt

For the REIT - Diversified subindustry, CapitaLand Ascott Trust'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.

CapitaLand Ascott Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where CapitaLand Ascott Trust's Cash-to-Debt falls into.

CapitaLand Ascott Trust 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.

CapitaLand Ascott Trust'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)
	=	432.806	/	(576.571	+	2739.676)
	=	0.13

CapitaLand Ascott Trust'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)
	=	432.806	/	(576.571	+	2739.676)
	=	0.13

CapitaLand Ascott Trust (SGX:HMN) 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.

CapitaLand Ascott Trust Cash-to-Debt Related Terms

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

CapitaLand Ascott Trust (SGX:HMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CapitaLand Ascott Trust (SGX:HMN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATTRF:USA

Address

168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912

Website

https://www.capitalandascotttrust.com

CapitaLand Ascott Trust, or CLAS, is a hospitality trust focusing on serviced residences, hotels, rental housing and student accommodation. As of Dec. 31, 2022, the trust has a SGD 8.0 billion portfolio, consisting of 105 properties with more than 18,000 units in 47 cities across 15 countries globally. Its main markets include the United States, France, Japan, Singapore, the United Kingdom, Vietnam, China and Australia. The trust is a stapled unit comprising CapitaLand Ascott REIT, which is managed by manager CapitaLand Ascott Trust Management Limited and CapitaLand Ascott Business Trust, which is managed by trustee-manager CapitaLand Ascott Business Trust Management Pte. Ltd. Sponsor CapitaLand Investments Limited, owns around a 39% stake in CLAS.