Link Real Estate Investment Trust (MEX:823) Cash-to-Debt : 0.09 (As of Sep. 2024)

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What is Link Real Estate Investment 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. Link Real Estate Investment Trust's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.09.

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, Link Real Estate Investment Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

MEX:823' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.45
Current: 0.09

During the past 13 years, Link Real Estate Investment Trust's highest Cash to Debt Ratio was 0.45. The lowest was 0.02. And the median was 0.08.

MEX:823's Cash-to-Debt is ranked better than
53.79% of 870 companies
in the REITs industry
Industry Median: 0.08 vs MEX:823: 0.09

Link Real Estate Investment Trust Cash-to-Debt Historical Data

The historical data trend for Link Real Estate Investment 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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Link Real Estate Investment Trust Cash-to-Debt Chart

Link Real Estate Investment Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.23

0.07

0.06

0.27

0.16

Link Real Estate Investment Trust Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.27	0.22	0.16	0.09

Competitive Comparison of Link Real Estate Investment Trust's Cash-to-Debt

For the REIT - Retail subindustry, Link Real Estate Investment 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.

Link Real Estate Investment Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Link Real Estate Investment Trust's Cash-to-Debt falls into.

Link Real Estate Investment 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.

Link Real Estate Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	20540.067	/	(16920.84	+	108856.837)
	=	0.16

Link Real Estate Investment Trust's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	12227.143	/	(18431.698	+	120494.729)
	=	0.09

Link Real Estate Investment Trust (MEX:823) 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.

Link Real Estate Investment Trust Cash-to-Debt Related Terms

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

Link Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Link Real Estate Investment Trust (MEX:823) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LKREF:USA 00823:Hong Kong L5R:Germany

Address

77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG

Website

https://www.linkreit.com

Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.

Link Real Estate Investment Trust Headlines

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