GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (OTCPK:LLESY) » Definitions » Cash-to-Debt

Lendlease Group (Lendlease Group) Cash-to-Debt : 0.14 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Lendlease Group 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. Lendlease Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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

LLESY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12   Med: 0.4   Max: 0.86
Current: 0.14

During the past 13 years, Lendlease Group's highest Cash to Debt Ratio was 0.86. The lowest was 0.12. And the median was 0.40.

LLESY's Cash-to-Debt is ranked worse than
63.34% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs LLESY: 0.14

Lendlease Group Cash-to-Debt Historical Data

The historical data trend for Lendlease Group'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.

Lendlease Group Cash-to-Debt Chart

Lendlease Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.46 0.71 0.55 0.27

Lendlease Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.55 0.18 0.27 0.14

Competitive Comparison of Lendlease Group's Cash-to-Debt

For the Real Estate - Diversified subindustry, Lendlease Group'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.

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

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

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


Lendlease Group 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.

Lendlease Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
=604.027 / (12.752 + 2189.262)
=0.27

Lendlease Group'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)
=415.663 / (12.718 + 2908.969)
=0.14

* 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.

Lendlease Group  (OTCPK:LLESY) 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.

Lendlease Group Cash-to-Debt Related Terms

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

Lendlease Group (Lendlease Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lendlease Group (OTCPK:LLESY) » Definitions » Cash-to-Debt
Comparable Companies
ASX:CHC ASX:LIC ASX:APZ ASX:AXI ASX:RPG ASX:GMG TSE:8801 TSE:8802 PHS:SMPH HKSE:00012 OSTO:BALD B BKK:CPN TSE:1878 XSWX:SPSN SHSE:600415 VESTA MIC:PIKK BOM:503100 TSE:3289 SHSE:600515
Traded in Other Exchanges
LLESF:USA LLC:Australia
Address
Level 14, Tower Three, 300 Barangaroo Avenue, International Towers Sydney, Exchange Place, Barangaroo, Sydney, NSW, AUS, 2000
Website
https://www.lendlease.com
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.