CapitaLand Ascendas REIT (SGX:A17U) Cash-to-Debt : 0.03 (As of Dec. 2023)

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What is CapitaLand Ascendas 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. CapitaLand Ascendas REIT's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, CapitaLand Ascendas 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 CapitaLand Ascendas REIT's Cash-to-Debt or its related term are showing as below:

SGX:A17U' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.03

During the past 13 years, CapitaLand Ascendas REIT's highest Cash to Debt Ratio was 0.06. The lowest was 0.01. And the median was 0.02.

SGX:A17U's Cash-to-Debt is ranked worse than
72.19% of 802 companies
in the REITs industry
Industry Median: 0.09 vs SGX:A17U: 0.03

CapitaLand Ascendas REIT Cash-to-Debt Historical Data

The historical data trend for CapitaLand Ascendas 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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CapitaLand Ascendas REIT Cash-to-Debt Chart

CapitaLand Ascendas REIT Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.05

0.06

0.03

CapitaLand Ascendas REIT Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.04	0.03	0.03	0.03

Competitive Comparison of CapitaLand Ascendas REIT's Cash-to-Debt

For the REIT - Industrial subindustry, CapitaLand Ascendas 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.

CapitaLand Ascendas REIT's Cash-to-Debt Distribution in the REITs Industry

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

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

CapitaLand Ascendas 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.

CapitaLand Ascendas 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)
	=	221.579	/	(1093.469	+	6073.735)
	=	0.03

CapitaLand Ascendas 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)
	=	221.579	/	(1093.469	+	6073.735)
	=	0.03

CapitaLand Ascendas REIT (SGX:A17U) 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.

CapitaLand Ascendas REIT Cash-to-Debt Related Terms

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

CapitaLand Ascendas REIT (SGX:A17U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CapitaLand Ascendas REIT (SGX:A17U) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ACDSF:USA S3Z:Germany

Address

168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912

Website

https://www.capitaland-ascendasreit.com

CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Dec. 31, 2022, it held a SGD 16.4 billion portfolio of 220 properties across Singapore, Australia, Europe, and the U.S. The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns an 18% stake in the trust.

CapitaLand Ascendas REIT (SGX:A17U) Headlines

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