ESR Kendall Square REIT (XKRX:365550) Cash-to-Debt : 0.06 (As of Aug. 2023)

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What is ESR Kendall Square 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. ESR Kendall Square REIT's cash to debt ratio for the quarter that ended in Aug. 2023 was 0.06.

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, ESR Kendall Square REIT couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

XKRX:365550' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.1
Current: 0.06

During the past 4 years, ESR Kendall Square REIT's highest Cash to Debt Ratio was 0.10. The lowest was 0.04. And the median was 0.05.

XKRX:365550's Cash-to-Debt is ranked worse than
57.11% of 809 companies
in the REITs industry
Industry Median: 0.08 vs XKRX:365550: 0.06

ESR Kendall Square REIT Cash-to-Debt Historical Data

The historical data trend for ESR Kendall Square 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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ESR Kendall Square REIT Cash-to-Debt Chart

ESR Kendall Square REIT Annual Data

Trend

May20

May21

May22

May23

Cash-to-Debt

No Debt

0.06

0.03

ESR Kendall Square REIT Semi-Annual Data
	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial			0.05	0.10	0.04	0.06	0.06

Competitive Comparison of ESR Kendall Square REIT's Cash-to-Debt

For the REIT - Industrial subindustry, ESR Kendall Square 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.

ESR Kendall Square REIT's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where ESR Kendall Square REIT's Cash-to-Debt falls into.

ESR Kendall Square 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.

ESR Kendall Square REIT's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	30731.68	/	(254543.562	+	919986.095)
	=	0.03

ESR Kendall Square REIT's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	65360.141	/	(254757.808	+	901100.566)
	=	0.06

ESR Kendall Square REIT (XKRX:365550) 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.

ESR Kendall Square REIT Cash-to-Debt Related Terms

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ESR Kendall Square REIT (XKRX:365550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESR Kendall Square REIT (XKRX:365550) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35F Three IFC, 10 Gukjegeumyung-Ro, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.esrks-reit.com

ESR Kendall Square REIT is a real estate investment trust focused on development and investment of logistics centers. Some of its Logistics parks include Bucheon Cold Logistics Park, Goyang Logistics Park, Yongin Logistics Park 1, Anseong Logistics Park and Gimhae Logistics Park.

ESR Kendall Square REIT (XKRX:365550) Headlines

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