BHG Retail REIT (SGX:BMGU) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is BHG Retail REIT 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. BHG Retail REIT's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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, BHG Retail REIT couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

SGX:BMGU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.17 Max: 0.3
Current: 0.14

During the past 8 years, BHG Retail REIT's highest Cash to Debt Ratio was 0.30. The lowest was 0.13. And the median was 0.17.

SGX:BMGU's Cash-to-Debt is ranked better than
63.92% of 801 companies
in the REITs industry
Industry Median: 0.09 vs SGX:BMGU: 0.14

BHG Retail REIT Cash-to-Debt Historical Data

The historical data trend for BHG Retail REIT'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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BHG Retail REIT Cash-to-Debt Chart

BHG Retail REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.17

0.16

0.13

0.14

BHG Retail REIT Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.16	0.12	0.13	0.13	0.14

Competitive Comparison of BHG Retail REIT's Cash-to-Debt

For the REIT - Retail subindustry, BHG Retail REIT'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.

BHG Retail REIT's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BHG Retail REIT's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BHG Retail REIT's Cash-to-Debt falls into.

BHG Retail REIT 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.

BHG Retail REIT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	42.898	/	(291.615	+	7.7)
	=	0.14

BHG Retail REIT's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	42.898	/	(291.615	+	7.7)
	=	0.14

BHG Retail REIT (SGX:BMGU) 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.

BHG Retail REIT Cash-to-Debt Related Terms

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

BHG Retail REIT (SGX:BMGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BHG Retail REIT (SGX:BMGU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Marina Boulevard, Level 44, Marina Bay Financial Centre, Tower 3, Singapore, SGP, 018982

Website

http://www.bhgreit.com

BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.

BHG Retail REIT (SGX:BMGU) Headlines

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