Delta Property Fund (JSE:DLT) Cash-to-Debt : 0.00 (As of Aug. 2024)

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What is Delta Property Fund 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. Delta Property Fund's cash to debt ratio for the quarter that ended in Aug. 2024 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, Delta Property Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

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

During the past 12 years, Delta Property Fund's highest Cash to Debt Ratio was 0.05. The lowest was 0.00. And the median was 0.01.

JSE:DLT's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.08
* Ranked among companies with meaningful Cash-to-Debt only.

Delta Property Fund Cash-to-Debt Historical Data

The historical data trend for Delta Property Fund'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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Delta Property Fund Cash-to-Debt Chart

Delta Property Fund Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.01

Delta Property Fund Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Delta Property Fund's Cash-to-Debt

For the REIT - Office subindustry, Delta Property Fund'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.

Delta Property Fund's Cash-to-Debt Distribution in the REITs Industry

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

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

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Delta Property Fund 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.

Delta Property Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	15.555	/	(3608.515	+	555.061)
	=	0.00

Delta Property Fund's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	6.585	/	(3769.166	+	223.914)
	=	0.00

Delta Property Fund (JSE:DLT) 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.

Delta Property Fund Cash-to-Debt Related Terms

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Delta Property Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Delta Property Fund Ltd (JSE:DLT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

10 Muswell Road South, Postnet Suite 210, Private Bag X21, Silver Stream Office Park, Bryanston, Sandton, GT, ZAF, 2021

Website

https://www.deltafund.co.za

Delta Property Fund Ltd engages in long-term investment in rental-generating properties. The company operates through the following segments: head office; industrial; office sovereign; office other and retail. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets; single tenanted by the national government, provincial government, state-owned enterprises, and large blue chip corporates under long leases.

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