Weingarten Realty Investors (Weingarten Realty Investors) Cash-to-Debt : 0.04 (As of Jun. 2021)

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What is Weingarten Realty Investors 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. Weingarten Realty Investors's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.04.

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, Weingarten Realty Investors couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

The historical rank and industry rank for Weingarten Realty Investors's Cash-to-Debt or its related term are showing as below:

WRI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.81
Current: 0.04

During the past 13 years, Weingarten Realty Investors's highest Cash to Debt Ratio was 0.81. The lowest was 0.00. And the median was 0.03.

WRI's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.09 vs WRI: 0.04

Weingarten Realty Investors Cash-to-Debt Historical Data

The historical data trend for Weingarten Realty Investors'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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Weingarten Realty Investors Cash-to-Debt Chart

Weingarten Realty Investors Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.01

0.04

0.02

Weingarten Realty Investors Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.03	0.02	0.03	0.04

Competitive Comparison of Weingarten Realty Investors's Cash-to-Debt

For the REIT - Retail subindustry, Weingarten Realty Investors'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.

Weingarten Realty Investors's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Weingarten Realty Investors's Cash-to-Debt falls into.

Weingarten Realty Investors 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.

Weingarten Realty Investors's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	35.418	/	(40	+	1838.419)
	=	0.02

Weingarten Realty Investors's Cash to Debt Ratio for the quarter that ended in Jun. 2021 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)
	=	73.344	/	(4.002	+	1786.962)
	=	0.04

Weingarten Realty Investors (NYSE:WRI) 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.

Weingarten Realty Investors Cash-to-Debt Related Terms

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

Weingarten Realty Investors (Weingarten Realty Investors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Weingarten Realty Investors (NYSE:WRI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2600 Citadel Plaza Drive, Suite 125, Houston, TX, USA, 77008

Website

http://www.weingarten.com

Weingarten, founded in 1948, is a self-advised REIT that owns, acquires, and develops neighborhood shopping centers. Ownership interest in more than 300 retail assets (47 msf) is diversified in 22 states with the top 10 tenants accounting for 14% of revenue. The largest state concentrations are Texas, Florida, and California, comprising 67% of rents. Economic occupancy is 91.2% and 75% of tenants are national/regional. Differentiating Weingarten is a 9% inside ownership in its outstanding shares, compared with a 1%-3% REIT industry average.

Executives

Shelaghmichael C. Brown	director	1511 NANTUCKET, HOUSTON TX 77057
C Park Shaper	director	1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Marc J Shapiro	director	J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Thomas L Ryan	director	1929 ALLEN PARKWAY, HOUSTON TX 77219
Stephen A Lasher	director
Douglas W Schnitzer	director
Andrew M Alexander	director, officer: CHAIRMAN/CEO/PRESIDENT
Stephen C Richter	officer: EXEC VP/CFO
Johnny Hendrix	officer: Executive VP/COO
Stanford J Alexander	director, officer: CHAIRMAN	2600 JCITADEL PLAZA DRIVE HOUSTON TX 77008
James W Crownover	director
Melvin A Dow	director
Robert J Cruikshank	director	2001 KIRBY, SUITE 313, HOUSTON TX 77019
Martin Debrovner	officer: VICE CHAIRMAN
J Murry Bowden	director	2600 CITADEL PLAZA DRIVE STE. 300 HOUSTON TX 77008