Kiwi Property Group (NZSE:KPG) Cash-to-Debt : 0.02 (As of Mar. 2024)

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What is Kiwi Property Group 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. Kiwi Property Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, Kiwi Property Group couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Kiwi Property Group's Cash-to-Debt or its related term are showing as below:

NZSE:KPG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.02

During the past 10 years, Kiwi Property Group's highest Cash to Debt Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

NZSE:KPG's Cash-to-Debt is ranked worse than
78.53% of 801 companies
in the REITs industry
Industry Median: 0.08 vs NZSE:KPG: 0.02

Kiwi Property Group Cash-to-Debt Historical Data

The historical data trend for Kiwi Property Group'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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Kiwi Property Group Cash-to-Debt Chart

Kiwi Property Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.01

0.02

Kiwi Property Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial														0.01	0.01	0.02	0.01	0.02

Competitive Comparison of Kiwi Property Group's Cash-to-Debt

For the REIT - Diversified subindustry, Kiwi Property Group'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.

Kiwi Property Group's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Kiwi Property Group's Cash-to-Debt falls into.

Kiwi Property Group 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.

Kiwi Property Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	18.203	/	(126.436	+	1069.187)
	=	0.02

Kiwi Property Group's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	18.203	/	(126.436	+	1069.187)
	=	0.02

Kiwi Property Group (NZSE:KPG) 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.

Kiwi Property Group Cash-to-Debt Related Terms

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

Kiwi Property Group (NZSE:KPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kiwi Property Group Ltd (NZSE:KPG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KWIPF:USA

Address

48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140

Website

https://www.kiwiproperty.com

Kiwi Property Group Ltd is a New Zealand based company involved in the real estate business. The company operating segments includes Mixed-use, Retail, Office, and Other. It generates maximum revenue from the Mixed-use segment.

Kiwi Property Group (NZSE:KPG) Headlines

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