KWIPF (Kiwi Property Group) Cash-to-Debt: 0.01 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KWIPF Kiwi Property Group Ltd KWIPF
43 GF Score
Price $0.54
GF Value $0.45
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Kiwi Property Group Cash-to-Debt?

Kiwi Property Group KWIPF -4.53% 43 Cash-to-Debt is 0.01 as of Mar. 2026, which is at its 10-year median of 0.01. GuruFocus rates KWIPF with a GF Score™ of 43/100 and a GF Value™ of $0.45 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 858 REITs companies, Kiwi Property Group ranks worse than 88.34% 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. Kiwi Property Group's cash to debt ratio for the quarter that ended in Mar. 2026 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, Kiwi Property Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

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

KWIPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past 12 years, Kiwi Property Group's highest Cash to Debt Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

KWIPF's Cash-to-Debt is ranked worse than
88.34% of 858 companies
in the REITs industry
Industry Median: 0.09 vs KWIPF: 0.01

Kiwi Property Group  (OTCPK:KWIPF) 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.


Kiwi Property Group Cash-to-Debt Related Terms


Kiwi Property Group Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Kiwi Property Group'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.

Kiwi Property Group Cash-to-Debt Chart

Kiwi Property Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.01 0.01

Kiwi Property Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01

KWIPF vs VICI, WPC, BNL: Cash-to-Debt Comparison

For the REIT - Diversified subindustry, Kiwi Property Group'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.


Kiwi Property Group Cash-to-Debt vs REITs Industry

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

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


KWIPF
43GF Score
Kiwi Property Group Ltd KWIPF
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiwi Property Group 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.

Kiwi Property Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Kiwi Property Group's Cash to Debt Ratio for the quarter that ended in Mar. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.01 mean?
Kiwi Property Group (KWIPF) has a Cash-to-Debt of 0.01 as of Mar. 2026. This is near median its historical median of 0.01. Over the past decade, Kiwi Property Group's Cash-to-Debt has ranged from 0.01 to 0.02. According to the industry distribution chart, Kiwi Property Group ranks #758 out of 858 companies in the REITs industry, placing it in the top 88.3%.
Is Kiwi Property Group's Cash-to-Debt too high?
Kiwi Property Group's 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 0.02. The REITs industry median Cash-to-Debt is 0.09. Kiwi Property Group's value of 0.01 is 88.9% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #758 out of 858 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Kiwi Property Group has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Cash-to-Debt compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #758 out of 858 companies for Cash-to-Debt. This places Kiwi Property Group in the lower half of its industry. The industry median Cash-to-Debt is 0.09. Kiwi Property Group's value of 0.01 is 88.9% below this benchmark. Historically, Kiwi Property Group's own Cash-to-Debt has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.09, Kiwi Property Group 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 858 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. Kiwi Property Group'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. Kiwi Property Group'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 Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.45, compared to a current price of $0.54 — trading 20.2% 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. Kiwi Property Group's overall GF Score™ is 43/100 with 10 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 Kiwi Property Group (KWIPF), the current Cash-to-Debt is 0.01 as of Mar. 2026. 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 Kiwi Property Group (KWIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued. The current stock price of $0.54 is trading 20.2% above its estimated GF Value™ of $0.45. GuruFocus considers Kiwi Property Group to be Modestly Overvalued.

Key valuation signals for KWIPF:

  • Cash-to-Debt: 0.01 (near median its 10-year median of 0.01)
  • GF Value™: $0.45 vs. price of $0.54 (20.2% above fair value)
  • GF Score™: 43/100 with 10 warning signs
  • Industry Position: 88.9% below the REITs median (#758 of 858)

No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kiwi Property Group Business Description

Industry Real EstateREITs
Other Exchanges KPG:New Zealand
Address 48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
43GF Score

Get the complete analysis for KWIPF

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.54
Price
$0.45
GF Value