Sekisui House Reit (TSE:3309) Cash-to-Debt : 0.06 (As of Oct. 2023)

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What is Sekisui House 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. Sekisui House Reit's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.06.

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, Sekisui House Reit 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 Sekisui House Reit's Cash-to-Debt or its related term are showing as below:

TSE:3309' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.09
Current: 0.06

During the past 9 years, Sekisui House Reit's highest Cash to Debt Ratio was 0.09. The lowest was 0.02. And the median was 0.04.

TSE:3309's Cash-to-Debt is ranked worse than
57.05% of 801 companies
in the REITs industry
Industry Median: 0.08 vs TSE:3309: 0.06

Sekisui House Reit Cash-to-Debt Historical Data

The historical data trend for Sekisui House 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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Sekisui House Reit Cash-to-Debt Chart

Sekisui House Reit Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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0.03

0.04

0.09

0.04

0.06

Sekisui House Reit Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial													0.09	0.04	0.04	0.04	0.06

Competitive Comparison of Sekisui House Reit's Cash-to-Debt

For the REIT - Diversified subindustry, Sekisui House 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.

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

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

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

Sekisui House 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.

Sekisui House Reit's Cash to Debt Ratio for the fiscal year 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)
	=	15062.344	/	(44545	+	212697)
	=	0.06

Sekisui House Reit'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)
	=	15062.344	/	(44545	+	212697)
	=	0.06

Sekisui House Reit (TSE:3309) 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.

Sekisui House Reit Cash-to-Debt Related Terms

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

Sekisui House Reit (TSE:3309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sekisui House Reit Inc (TSE:3309) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-15-1 Akasaka, Minato-ku, Tokyo, JPN, 107-0051

Website

http://www.sekisuihouse-reit.co.jp

Sekisui House Reit Inc is a Japan-based company that operates as a real estate investment trust. The company invests in commercial properties predominantly in office and commercial buildings, hotels, and retail properties located in the Tokyo Metropolitan Areas, Osaka, and Nagoya areas. The asset manager of the company is a subsidiary of Sekisui House, Ltd.

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