New Frontier Properties (JSE:NFP) Cash-to-Debt : 0.01 (As of May. 2020)

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What is New Frontier Properties 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. New Frontier Properties's cash to debt ratio for the quarter that ended in May. 2020 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, New Frontier Properties couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2020.

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

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

New Frontier Properties Cash-to-Debt Historical Data

The historical data trend for New Frontier Properties'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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New Frontier Properties Cash-to-Debt Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Cash-to-Debt

0.02

0.03

0.02

0.01

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.01	0.16	0.02	0.01

Competitive Comparison of New Frontier Properties's Cash-to-Debt

For the REIT - Retail subindustry, New Frontier Properties'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.

New Frontier Properties's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, New Frontier Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Frontier Properties's Cash-to-Debt falls into.

New Frontier Properties 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.

New Frontier Properties's Cash to Debt Ratio for the fiscal year that ended in Aug. 2019 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)
	=	43.22	/	(2992.191	+	0)
	=	0.01

New Frontier Properties's Cash to Debt Ratio for the quarter that ended in May. 2020 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)
	=	31.85	/	(572.58	+	1774.194)
	=	0.01

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties Cash-to-Debt Related Terms

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New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

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