Winton Land (NZSE:WIN) Cash-to-Debt : 1.35 (As of Dec. 2023)

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What is Winton Land 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. Winton Land's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.35.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Winton Land could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NZSE:WIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.35 Med: 6.92 Max: 634.13
Current: 1.35

During the past 3 years, Winton Land's highest Cash to Debt Ratio was 634.13. The lowest was 1.35. And the median was 6.92.

NZSE:WIN's Cash-to-Debt is ranked better than
76.16% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs NZSE:WIN: 1.35

Winton Land Cash-to-Debt Historical Data

The historical data trend for Winton Land'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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Winton Land Cash-to-Debt Chart

Winton Land Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

3.08

634.13

6.92

Winton Land Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	2.93	634.13	8.56	6.92	1.35

Competitive Comparison of Winton Land's Cash-to-Debt

For the Real Estate - Development subindustry, Winton Land'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.

Winton Land's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Winton Land 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.

Winton Land's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	76.31	/	(1.281	+	9.74)
	=	6.92

Winton Land'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)
	=	99.292	/	(1.22	+	72.492)
	=	1.35

Winton Land (NZSE:WIN) 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.

Winton Land Cash-to-Debt Related Terms

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Winton Land (NZSE:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winton Land Ltd (NZSE:WIN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

WTN:Australia

Address

10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010

Website

https://www.winton.nz

Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

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