Urban Logistics REIT (LSE:SHED) Cash-to-Debt : 0.09 (As of Sep. 2023)

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What is Urban Logistics 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. Urban Logistics REIT's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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

LSE:SHED' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.15 Max: 1.71
Current: 0.09

During the past 7 years, Urban Logistics REIT's highest Cash to Debt Ratio was 1.71. The lowest was 0.06. And the median was 0.15.

LSE:SHED's Cash-to-Debt is ranked better than
53.94% of 799 companies
in the REITs industry
Industry Median: 0.08 vs LSE:SHED: 0.09

Urban Logistics REIT Cash-to-Debt Historical Data

The historical data trend for Urban Logistics 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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Urban Logistics REIT Cash-to-Debt Chart

Urban Logistics REIT Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.12

1.71

0.27

0.49

0.07

Urban Logistics REIT Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial									0.44	0.49	0.18	0.07	0.09

Competitive Comparison of Urban Logistics REIT's Cash-to-Debt

For the REIT - Industrial subindustry, Urban Logistics 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.

Urban Logistics REIT's Cash-to-Debt Distribution in the REITs Industry

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

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

Urban Logistics REIT Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Urban Logistics REIT's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	23.159	/	(0	+	356.493)
	=	0.06

Urban Logistics REIT's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	30.853	/	(0	+	358.769)
	=	0.09

Urban Logistics REIT (LSE:SHED) 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.

Urban Logistics REIT Cash-to-Debt Related Terms

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Urban Logistics REIT (LSE:SHED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Urban Logistics REIT PLC (LSE:SHED) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SHEDl:UK

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.urbanlogisticsreit.com

Urban Logistics REIT PLC is a property investment company. The company invests in the United Kingdom based industrial and logistics properties with a view to delivering attractive dividends and capital return to its shareholders. Its investment strategy is focused on smaller single let industrial and logistics properties in key geographical locations servicing high-quality tenants. Investment returns will be generated by quality stock, asset management, and a strong occupational market.

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