Kb Star REIT Co (XKRX:432320) Cash-to-Debt : 0.14 (As of Oct. 2023)

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What is Kb Star REIT Co 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. Kb Star REIT Co's cash to debt ratio for the quarter that ended in Oct. 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, Kb Star REIT Co couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

XKRX:432320' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.14 Max: 0.18
Current: 0.14

During the past 2 years, Kb Star REIT Co's highest Cash to Debt Ratio was 0.18. The lowest was 0.13. And the median was 0.14.

XKRX:432320's Cash-to-Debt is ranked better than
64.61% of 811 companies
in the REITs industry
Industry Median: 0.08 vs XKRX:432320: 0.14

Kb Star REIT Co Cash-to-Debt Historical Data

The historical data trend for Kb Star REIT Co'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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Kb Star REIT Co Cash-to-Debt Chart

Kb Star REIT Co Annual Data

Trend

Jun22

Jan23

Cash-to-Debt

No Debt

0.14

Kb Star REIT Co Quarterly Data
	Sep22	Dec22	Apr23	Oct23
Cash-to-Debt	0.18	0.15	0.13	0.14

Competitive Comparison of Kb Star REIT Co's Cash-to-Debt

For the REIT - Office subindustry, Kb Star REIT Co'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.

Kb Star REIT Co's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Kb Star REIT Co's Cash-to-Debt falls into.

Kb Star REIT Co 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.

Kb Star REIT Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	69249.382	/	(0	+	481847.464)
	=	0.14

Kb Star REIT Co's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	71190.969	/	(0	+	517529.516)
	=	0.14

Kb Star REIT Co (XKRX:432320) 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.

Kb Star REIT Co Cash-to-Debt Related Terms

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Kb Star REIT Co (XKRX:432320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kb Star REIT Co Ltd (XKRX:432320) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Gukjegeumyung-ro, 40th Floor, 41th Floor, Three IFC, Yeongdeungpo-gu, Seoul, KOR, 07326

Website

http://www.kbstarreit.com

Kb Star REIT Co Ltd is a publicly traded REITs operating on a going concern basis with base assets including the Galaxy Tower in Belgium and Samsung's Europe HQ in the UK.

Kb Star REIT Co (XKRX:432320) Headlines

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