Daiwa House Logistics Trust (SGX:DHLU) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Daiwa House Logistics Trust 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. Daiwa House Logistics Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Daiwa House Logistics Trust 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 Daiwa House Logistics Trust's Cash-to-Debt or its related term are showing as below:

SGX:DHLU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.1
Current: 0.1

During the past 5 years, Daiwa House Logistics Trust's highest Cash to Debt Ratio was 0.10. The lowest was 0.03. And the median was 0.10.

SGX:DHLU's Cash-to-Debt is ranked better than
56.34% of 797 companies
in the REITs industry
Industry Median: 0.08 vs SGX:DHLU: 0.10

Daiwa House Logistics Trust Cash-to-Debt Historical Data

The historical data trend for Daiwa House Logistics Trust'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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Daiwa House Logistics Trust Cash-to-Debt Chart

Daiwa House Logistics Trust Annual Data

Trend

Dec18

Dec19

Dec20

Dec22

Dec23

Cash-to-Debt

N/A

0.03

0.10

Daiwa House Logistics Trust Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.03	0.03	0.10	0.10

Competitive Comparison of Daiwa House Logistics Trust's Cash-to-Debt

For the REIT - Industrial subindustry, Daiwa House Logistics Trust'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.

Daiwa House Logistics Trust's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Daiwa House Logistics Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Daiwa House Logistics Trust's Cash-to-Debt falls into.

Daiwa House Logistics Trust 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.

Daiwa House Logistics Trust'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)
	=	45.801	/	(96.021	+	375.684)
	=	0.10

Daiwa House Logistics Trust'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)
	=	45.801	/	(96.021	+	375.684)
	=	0.10

Daiwa House Logistics Trust (SGX:DHLU) 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.

Daiwa House Logistics Trust Cash-to-Debt Related Terms

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Daiwa House Logistics Trust (SGX:DHLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House Logistics Trust (SGX:DHLU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Marina View, No. 14-09 Asia Square Tower 1, Singapore, SGP, 018960

Website

https://www.daiwahouse-logisticstrust.com

Daiwa House Logistics Trust is a real estate investment trust established with the investment strategy of principally investing in a portfolio of income-producing logistics and industrial real estate assets located across Asia. The DHLT Portfolio comprises 16 high-quality properties that are diversified across different regions in Japan, including the Greater Tokyo region and core regional markets in Japan.

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