Westfield Trust (ASX:WFT) Cash-to-Debt : 0.00 (As of Dec. 2003)

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What is Westfield Trust 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. Westfield Trust's cash to debt ratio for the quarter that ended in Dec. 2003 was 0.00.

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, Westfield Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2003.

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

ASX:WFT's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.255
* Ranked among companies with meaningful Cash-to-Debt only.

Westfield Trust Cash-to-Debt Historical Data

The historical data trend for Westfield Trust'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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Westfield Trust Cash-to-Debt Chart

Westfield Trust Annual Data

Trend

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Cash-to-Debt

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Westfield Trust Semi-Annual Data
	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03
Cash-to-Debt	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Westfield Trust's Cash-to-Debt

For the Real Estate - Development subindustry, Westfield 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.

Westfield Trust's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Westfield Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Westfield Trust's Cash-to-Debt falls into.

Westfield Trust 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.

Westfield Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2002 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)
	=	0	/	(1366	+	9096.8)
	=	0.00

Westfield Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2003 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)
	=	0	/	(1614	+	11557.7)
	=	0.00

Westfield Trust (ASX:WFT) 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.

Westfield Trust Cash-to-Debt Related Terms

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

Westfield Trust (ASX:WFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Westfield Trust (ASX:WFT) » Definitions » Cash-to-Debt

Comparable Companies

ASX:LLC ASX:AOG ASX:PPC ASX:LIC ASX:CWP ASX:SDG ASX:FRI ASX:TIA ASX:MEA ASX:DVN ASX:AXI ASX:IEQ ASX:RPG ASX:UUL

Traded in Other Exchanges

N/A

Address

Website

http://www.westfield.com.au

Westfield Trust (WFT) comprises interests in 50 shopping centres in Australia and New Zealand, with 3.1m sqm2 of gross lettable area servicing more than 9,400 retailers who generate in excess of $13.9 billion of retail sales.

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