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DexusASX:DXS +0.87%72 Cash-to-Debt is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates ASX:DXS with a GF Score™ of 72/100 and a GF Value™ of A$5.58 (Fairly Valued). The stock has 7 warning signs investors should review. Among 853 REITs companies, Dexus ranks worse than 88.63% 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. Dexus's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.01.
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, Dexuscouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Dexus's Cash-to-Debt or its related term are showing as below:
ASX:DXS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01
During the past 13 years, Dexus's highest Cash to Debt Ratio was 0.02. The lowest was 0.01. And the median was 0.01.
ASX:DXS's Cash-to-Debt is ranked worse than 88.63% of 853
companies
in the REITs industry
Industry Median: 0.09
vs ASX:DXS: 0.01
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 Cash-to-Debt Related Terms
Dexus Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Dexus'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.
For the REIT - Office subindustry, Dexus'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 Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Dexus's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Dexus'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.
Dexus (ASX:DXS) has a Cash-to-Debt of 0.01 as of Jun. 2026. This is near median its historical median of 0.01. Over the past decade, Dexus' Cash-to-Debt has ranged from 0.01 to 0.02. According to the industry distribution chart, Dexus ranks #756 out of 853 companies in the REITs industry, placing it in the top 88.6%.
Is Dexus' Cash-to-Debt too high?
Dexus' current Cash-to-Debt of 0.01 is near 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. Dexus' value of 0.01 is 88.9% below this industry median. Based on the distribution chart, Dexus ranks #756 out of 853 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Dexus has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dexus' Cash-to-Debt compare to BXP and ARE?
According to the REITs industry distribution chart, Dexus ranks #756 out of 853 companies for Cash-to-Debt. This places Dexus in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Dexus' value of 0.01 is 88.9% below this benchmark. Historically, Dexus' 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, Dexus 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 853 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. Dexus's current Cash-to-Debt of 0.01 is 88.9% 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. Dexus's current Cash-to-Debt is 0.01, which is near 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 Dexus stock overvalued right now?
Based on GuruFocus' analysis, Dexus (ASX:DXS) is currently considered Fairly Valued. The stock's GF Value™ is A$5.58, compared to a current price of A$5.81 — trading 4.1% above its estimated fair value. The current Cash-to-Debt is 0.01, which is near median its 10-year median of 0.01 and 88.9% below the REITs industry median of 0.09. Dexus' overall GF Score™ is 72/100 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 Dexus (ASX:DXS), the current Cash-to-Debt is 0.01 as of Jun. 2026. 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 Dexus (ASX:DXS) Overvalued in 2026?
Based on GuruFocus' analysis, Dexus stock appears to be overvalued.
The current stock price of A$5.81 is trading 4.1% above its estimated GF Value™ of A$5.58.
GuruFocus considers Dexus to be Fairly Valued.
Key valuation signals for ASX:DXS:
Cash-to-Debt: 0.01 (near median its 10-year median of 0.01)
GF Value™: A$5.58 vs. price of A$5.81 (4.1% above fair value)
Industry Position: 88.9% below the REITs median (#756 of 853)
No single metric tells the full story. See the ASX:DXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.
72GF Score
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