Dexus Industria REIT (ASX:DXI) Cash-to-Debt : 0.02 (As of Jun. 2024)

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What is Dexus Industria REIT 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. Dexus Industria REIT's cash to debt ratio for the quarter that ended in Jun. 2024 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, Dexus Industria REIT couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Dexus Industria REIT's Cash-to-Debt or its related term are showing as below:

ASX:DXI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.02

During the past 11 years, Dexus Industria REIT's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.01.

ASX:DXI's Cash-to-Debt is ranked worse than
77.33% of 869 companies
in the REITs industry
Industry Median: 0.08 vs ASX:DXI: 0.02

Dexus Industria REIT Cash-to-Debt Historical Data

The historical data trend for Dexus Industria REIT'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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Dexus Industria REIT Cash-to-Debt Chart

Dexus Industria REIT Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.02

0.01

0.02

Dexus Industria REIT Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.02	0.02	0.02	0.02

Competitive Comparison of Dexus Industria REIT's Cash-to-Debt

For the REIT - Industrial subindustry, Dexus Industria REIT'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.

Dexus Industria REIT's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Dexus Industria REIT's Cash-to-Debt falls into.

Dexus Industria REIT 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.

Dexus Industria REIT's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	5.263	/	(0.455	+	302.353)
	=	0.02

Dexus Industria REIT's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	5.263	/	(0.455	+	302.353)
	=	0.02

Dexus Industria REIT (ASX:DXI) 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.

Dexus Industria REIT Cash-to-Debt Related Terms

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

Dexus Industria REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dexus Industria REIT (ASX:DXI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000

Website

https://www.dexus.com

Dexus Industria REIT is a real estate investment trust which owns interests in a workspace-focused portfolio of established, industrial, and business park assets located across Sydney, Melbourne, Brisbane, and Adelaide. The company's objective is to provide investors with stable cash returns and the potential for income and capital growth by investing in workspace-focused real estate. It derives all income from investments in properties, which are located in Australia. The Company's main revenue stream is property rental revenue and is derived from holding properties as investment properties and earning rental yields over time.

Dexus Industria REIT Headlines

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