Hanwha Reit (XKRX:451800) Cash-to-Debt : 0.08 (As of Jul. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Hanwha 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. Hanwha Reit's cash to debt ratio for the quarter that ended in Jul. 2023 was 0.08.

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, Hanwha Reit couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2023.

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

XKRX:451800' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.08 Max: 0.08
Current: 0.08

During the past 2 years, Hanwha Reit's highest Cash to Debt Ratio was 0.08. The lowest was 0.08. And the median was 0.08.

XKRX:451800's Cash-to-Debt is ranked better than
51.54% of 811 companies
in the REITs industry
Industry Median: 0.08 vs XKRX:451800: 0.08

Hanwha Reit Cash-to-Debt Historical Data

The historical data trend for Hanwha 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.

* Premium members only.

Hanwha Reit Cash-to-Debt Chart

Hanwha Reit Annual Data

Trend

Sep22

Apr23

Cash-to-Debt

No Debt

0.07

Hanwha Reit Semi-Annual Data
	Jan23	Jul23
Cash-to-Debt	N/A	0.08

Competitive Comparison of Hanwha Reit's Cash-to-Debt

For the REIT - Office subindustry, Hanwha 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.

Hanwha Reit's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Hanwha Reit's Cash-to-Debt falls into.

Hanwha 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.

Hanwha Reit's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	21894.74	/	(109812.101	+	217191.026)
	=	0.07

Hanwha Reit's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	25352.103	/	(109943.183	+	217116.192)
	=	0.08

Hanwha Reit (XKRX:451800) 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.

Hanwha Reit Cash-to-Debt Related Terms

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

Hanwha Reit (XKRX:451800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hanwha Reit (XKRX:451800) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

50, 63-ro, Yeongdeungpo-gu, 49th Floor, 63 Hanwha Life Building, Yeouido-dong, Seoul, KOR

Website

https://www.hanwhareit.com

Hanwha Reit operates as a real estate investment company. It mainly holds an interest in domestic office buildings.

Hanwha Reit (XKRX:451800) Headlines

No Headlines