Charter Hall Group (ASX:CHC) Cash-to-Debt : 0.96 (As of Dec. 2023)

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What is Charter Hall 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. Charter Hall Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.96.

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, Charter Hall Group 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 Charter Hall Group's Cash-to-Debt or its related term are showing as below:

ASX:CHC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 1.1 Max: No Debt
Current: 0.96

During the past 13 years, Charter Hall Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 1.10.

ASX:CHC's Cash-to-Debt is ranked better than
73.09% of 1795 companies
in the Real Estate industry
Industry Median: 0.26 vs ASX:CHC: 0.96

Charter Hall Group Cash-to-Debt Historical Data

The historical data trend for Charter Hall 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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Charter Hall Group Cash-to-Debt Chart

Charter Hall Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.37

0.61

0.62

1.24

0.85

Charter Hall Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.41	1.24	0.78	0.85	0.96

Competitive Comparison of Charter Hall Group's Cash-to-Debt

For the Real Estate - Diversified subindustry, Charter Hall 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.

Charter Hall Group's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Charter Hall 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.

Charter Hall Group'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)
	=	401.4	/	(7.1	+	467.1)
	=	0.85

Charter Hall Group'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)
	=	458	/	(7.2	+	472.3)
	=	0.96

Charter Hall Group (ASX:CHC) 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.

Charter Hall Group Cash-to-Debt Related Terms

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

Charter Hall Group (ASX:CHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Charter Hall Group (ASX:CHC) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

CTOUF:USA

Address

No.1 Martin Place, Level 20, Sydney, NSW, AUS, 2000

Website

https://www.charterhall.com.au

Charter Hall Group's main activity is managing property funds for retail and institutional investors, and listed REITs such as Charter Hall Retail REIT, Charter Hall Social Infrastructure REIT, and Charter Hall Long WALE REIT. More than two thirds of earnings come from funds management and we expect this proportion to increase over time. Strong returns generated substantial performance fees over the last five years, which we expect to moderate due to lower property market returns in future, however regular base fees and intermittent performance fees should continue. Charter Hall co-invests in its funds, so a portion of its earnings come from rent, as well as development fees and development profits on projects that it manages.

Charter Hall Group (ASX:CHC) Headlines

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