Great Portland Estates (LSE:GPE) Cash-to-Debt : 0.01 (As of Sep. 2023)

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What is Great Portland Estates 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. Great Portland Estates's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.01.

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, Great Portland Estates 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 Great Portland Estates's Cash-to-Debt or its related term are showing as below:

LSE:GPE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.91
Current: 0.01

During the past 13 years, Great Portland Estates's highest Cash to Debt Ratio was 0.91. The lowest was 0.00. And the median was 0.02.

LSE:GPE's Cash-to-Debt is ranked worse than
89% of 800 companies
in the REITs industry
Industry Median: 0.08 vs LSE:GPE: 0.01

Great Portland Estates Cash-to-Debt Historical Data

The historical data trend for Great Portland Estates'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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Great Portland Estates Cash-to-Debt Chart

Great Portland Estates Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.41

0.19

0.02

0.01

Great Portland Estates Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	-	0.01	0.01	0.01

Competitive Comparison of Great Portland Estates's Cash-to-Debt

For the REIT - Office subindustry, Great Portland Estates'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.

Great Portland Estates's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Great Portland Estates's Cash-to-Debt falls into.

Great Portland Estates 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.

Great Portland Estates's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	3.2	/	(0	+	527.2)
	=	0.01

Great Portland Estates's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	5.6	/	(174.9	+	560.1)
	=	0.01

Great Portland Estates (LSE:GPE) 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.

Great Portland Estates Cash-to-Debt Related Terms

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Great Portland Estates (LSE:GPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Great Portland Estates PLC (LSE:GPE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GPEl:UK G9KB:Germany

Address

33 Cavendish Square, London, GBR, W1G 0PW

Website

https://www.gpe.co.uk

Great Portland Estates PLC, or GPE, is a real estate investment trust involved in the ownership and development of commercial property in central London. GPE invests in and redevelops London real estate. The company generates revenue from these assets through long-term lease agreements. Income is also derived from the management of other development projects. The majority of the company's real estate portfolio is comprised of office space, while retail locations also make up a significant percentage. Almost half of GPE's properties are located in the North of Oxford Street area. London's West End is home to a substantial share as well. GPE's tenants are primarily divided between retail & leisure shops; technology, media, & telecom companies; and professional & business services firms.

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