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Vicinity CentresASX:VCX -0.37%76 Cash-to-Debt is 0.01 as of Dec. 2025, which is at its 10-year median of 0.01. GuruFocus rates ASX:VCX with a GF Score™ of 76/100 and a GF Value™ of A$2.21 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 859 REITs companies, Vicinity Centres ranks worse than 88.82% 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. Vicinity Centres's cash to debt ratio for the quarter that ended in Dec. 2025 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, Vicinity Centrescouldn'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 Vicinity Centres's Cash-to-Debt or its related term are showing as below:
ASX:VCX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.08
Current: 0.01
During the past 13 years, Vicinity Centres's highest Cash to Debt Ratio was 0.08. The lowest was 0.01. And the median was 0.01.
ASX:VCX's Cash-to-Debt is ranked worse than 88.82% of 859
companies
in the REITs industry
Industry Median: 0.09
vs ASX:VCX: 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.
Vicinity Centres Cash-to-Debt Related Terms
Vicinity Centres Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Vicinity Centres'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 - Retail subindustry, Vicinity Centres'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.
Vicinity Centres Cash-to-Debt vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Vicinity Centres'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.
Vicinity Centres (ASX:VCX) has a Cash-to-Debt of 0.01 as of Dec. 2025. This is near median its historical median of 0.01. Over the past decade, Vicinity Centres' Cash-to-Debt has ranged from 0.01 to 0.08. According to the industry distribution chart, Vicinity Centres ranks #763 out of 859 companies in the REITs industry, placing it in the top 88.8%.
Is Vicinity Centres' Cash-to-Debt too high?
Vicinity Centres' 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 0.08. The REITs industry median Cash-to-Debt is 0.09. Vicinity Centres' value of 0.01 is 88.9% below this industry median. Based on the distribution chart, Vicinity Centres ranks #763 out of 859 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Vicinity Centres has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' Cash-to-Debt compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #763 out of 859 companies for Cash-to-Debt. This places Vicinity Centres in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Vicinity Centres' value of 0.01 is 88.9% below this benchmark. Historically, Vicinity Centres' own Cash-to-Debt has ranged from 0.01 to 0.08 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.09, Vicinity Centres 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 859 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. Vicinity Centres'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. Vicinity Centres'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 Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.21, compared to a current price of A$2.70 — trading 22.2% 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. Vicinity Centres' overall GF Score™ is 76/100 with 9 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 Vicinity Centres (ASX:VCX), the current Cash-to-Debt is 0.01 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 Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.70 is trading 22.2% above its estimated GF Value™ of A$2.21.
GuruFocus considers Vicinity Centres to be Modestly Overvalued.
Key valuation signals for ASX:VCX:
Cash-to-Debt: 0.01 (near median its 10-year median of 0.01)
GF Value™: A$2.21 vs. price of A$2.70 (22.2% above fair value)
Industry Position: 88.9% below the REITs median (#763 of 859)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
76GF Score
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