British Land Co (LSE:BLND) Cash-to-Debt : 0.07 (As of Sep. 2023)

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What is British Land 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. British Land Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.07.

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, British Land Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LSE:BLND' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.08
Current: 0.07

During the past 13 years, British Land Co's highest Cash to Debt Ratio was 0.08. The lowest was 0.03. And the median was 0.04.

LSE:BLND's Cash-to-Debt is ranked worse than
52.74% of 804 companies
in the REITs industry
Industry Median: 0.09 vs LSE:BLND: 0.07

British Land Co Cash-to-Debt Historical Data

The historical data trend for British Land 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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British Land Co Cash-to-Debt Chart

British Land Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.08

0.05

0.06

0.04

0.05

British Land Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.04	0.06	0.05	0.07

Competitive Comparison of British Land Co's Cash-to-Debt

For the REIT - Diversified subindustry, British Land 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.

British Land Co's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where British Land Co's Cash-to-Debt falls into.

British Land 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.

British Land Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	125	/	(408	+	1985)
	=	0.05

British Land Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	152	/	(297	+	1940)
	=	0.07

British Land Co (LSE:BLND) 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.

British Land Co Cash-to-Debt Related Terms

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British Land Co (LSE:BLND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » British Land Co PLC (LSE:BLND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BTLCY:USA BRLAF:USA BLNDl:UK BLD:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7LX

Website

https://www.britishland.com

British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.