Wereldhave Belgium (XBRU:WEHB) Cash-to-Debt : 0.07 (As of Dec. 2023)

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What is Wereldhave Belgium 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. Wereldhave Belgium's cash to debt ratio for the quarter that ended in Dec. 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, Wereldhave Belgium 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 Wereldhave Belgium's Cash-to-Debt or its related term are showing as below:

XBRU:WEHB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.07
Current: 0.07

During the past 13 years, Wereldhave Belgium's highest Cash to Debt Ratio was 0.07. The lowest was 0.01. And the median was 0.03.

XBRU:WEHB's Cash-to-Debt is ranked worse than
52.32% of 797 companies
in the REITs industry
Industry Median: 0.08 vs XBRU:WEHB: 0.07

Wereldhave Belgium Cash-to-Debt Historical Data

The historical data trend for Wereldhave Belgium'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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Wereldhave Belgium Cash-to-Debt Chart

Wereldhave Belgium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.01

0.03

0.04

0.07

Wereldhave Belgium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.06	0.04	0.03	0.07

Competitive Comparison of Wereldhave Belgium's Cash-to-Debt

For the REIT - Retail subindustry, Wereldhave Belgium'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.

Wereldhave Belgium's Cash-to-Debt Distribution in the REITs Industry

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

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

Wereldhave Belgium 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.

Wereldhave Belgium'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)
	=	18.934	/	(42.75	+	237.07)
	=	0.07

Wereldhave Belgium'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)
	=	18.934	/	(42.75	+	237.07)
	=	0.07

Wereldhave Belgium (XBRU:WEHB) 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.

Wereldhave Belgium Cash-to-Debt Related Terms

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Wereldhave Belgium (XBRU:WEHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Wereldhave Belgium (XBRU:WEHB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WPU:Germany

Address

Medialaan 30/6, Vilvoorde, BEL, 1800

Website

https://www.wereldhavebelgium.com

Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's strategy is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. Majority of its revenue is from rental income.

Wereldhave Belgium (XBRU:WEHB) Headlines

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