Newmark Property REIT (ASX:NPR) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is Newmark Property 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. Newmark Property REIT's cash to debt ratio for the quarter that ended in Dec. 2023 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, Newmark Property REIT 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 Newmark Property REIT's Cash-to-Debt or its related term are showing as below:

ASX:NPR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.02

During the past 2 years, Newmark Property REIT's highest Cash to Debt Ratio was 0.05. The lowest was 0.02. And the median was 0.03.

ASX:NPR's Cash-to-Debt is ranked worse than
78.18% of 802 companies
in the REITs industry
Industry Median: 0.085 vs ASX:NPR: 0.02

Newmark Property REIT Cash-to-Debt Historical Data

The historical data trend for Newmark Property 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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Newmark Property REIT Cash-to-Debt Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

Cash-to-Debt

0.04

0.03

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	0.05	0.04	0.03	0.03	0.02

Competitive Comparison of Newmark Property REIT's Cash-to-Debt

For the REIT - Diversified subindustry, Newmark Property 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.

Newmark Property REIT's Cash-to-Debt Distribution in the REITs Industry

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

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

Newmark Property 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.

Newmark Property REIT'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)
	=	5.09	/	(0	+	206.139)
	=	0.02

Newmark Property REIT'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)
	=	4.028	/	(274.622	+	0)
	=	0.01

Newmark Property REIT (ASX:NPR) 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.

Newmark Property REIT Cash-to-Debt Related Terms

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

Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

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