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Carindale Property TrustASX:CDP -0.55%54 Cash-to-Debt is 0.02 as of Dec. 2025, which is 100% above its 10-year median of 0.01. GuruFocus rates ASX:CDP with a GF Score™ of 54/100 and a GF Value™ of A$3.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 849 REITs companies, Carindale Property Trust ranks worse than 81.39% on this metric.
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. Carindale Property Trust's cash to debt ratio for the quarter that ended in Dec. 2025 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, Carindale Property Trustcouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Carindale Property Trust's Cash-to-Debt or its related term are showing as below:
ASX:CDP'
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, Carindale Property Trust's highest Cash to Debt Ratio was 0.02. The lowest was 0.01. And the median was 0.01.
ASX:CDP's Cash-to-Debt is ranked worse than 81.39% of 849
companies
in the REITs industry
Industry Median: 0.09
vs ASX:CDP: 0.02
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.
Carindale Property Trust Cash-to-Debt Related Terms
Carindale Property Trust Cash-to-Debt Historical Data
* 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.
For the REIT - Retail subindustry, Carindale Property 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.
Carindale Property Trust Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Carindale Property Trust's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Carindale Property Trust's Cash-to-Debt falls into.
* 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.
Carindale Property Trust (ASX:CDP) has a Cash-to-Debt of 0.02 as of Dec. 2025. This is 100% above median its historical median of 0.01. Over the past decade, Carindale Property Trust's Cash-to-Debt has ranged from 0.01 to 0.02. According to the industry distribution chart, Carindale Property Trust ranks #691 out of 849 companies in the REITs industry, placing it in the top 81.4%.
Is Carindale Property Trust's Cash-to-Debt too high?
Carindale Property Trust's current Cash-to-Debt of 0.02 is 100% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.02. The REITs industry median Cash-to-Debt is 0.09. Carindale Property Trust's value of 0.02 is 77.8% below this industry median. Based on the distribution chart, Carindale Property Trust ranks #691 out of 849 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Carindale Property Trust has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carindale Property Trust's Cash-to-Debt compare to SPG and O?
According to the REITs industry distribution chart, Carindale Property Trust ranks #691 out of 849 companies for Cash-to-Debt. This places Carindale Property Trust in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Carindale Property Trust's value of 0.02 is 77.8% below this benchmark. Historically, Carindale Property Trust's own Cash-to-Debt has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.09, Carindale Property Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a REITs company?
The median Cash-to-Debt among REITs companies is 0.09, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carindale Property Trust's current Cash-to-Debt of 0.02 is 77.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median Cash-to-Debt is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carindale Property Trust's current Cash-to-Debt is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carindale Property Trust stock overvalued right now?
Based on GuruFocus' analysis, Carindale Property Trust (ASX:CDP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.42, compared to a current price of A$5.45 — trading 59.4% above its estimated fair value. The current Cash-to-Debt is 0.02, which is 100% above median its 10-year median of 0.01 and 77.8% below the REITs industry median of 0.09. Carindale Property Trust's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Carindale Property Trust (ASX:CDP), the current Cash-to-Debt is 0.02 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Carindale Property Trust (ASX:CDP) Overvalued in 2026?
Based on GuruFocus' analysis, Carindale Property Trust stock appears to be overvalued.
The current stock price of A$5.45 is trading 59.4% above its estimated GF Value™ of A$3.42.
GuruFocus considers Carindale Property Trust to be Significantly Overvalued.
Key valuation signals for ASX:CDP:
Cash-to-Debt: 0.02 (100% above median its 10-year median of 0.01)
GF Value™: A$3.42 vs. price of A$5.45 (59.4% above fair value)
Industry Position: 77.8% below the REITs median (#691 of 849)
No single metric tells the full story. See the ASX:CDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carindale Property Trust is engaged in the long-term ownership of an interest in the Westfield Cardinal shopping center. The company derives revenue from shopping center base rent and other property income. The Trust operates in one business segment, being the ownership of a shopping centre in Australia.
54GF Score
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