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Workspace Group (LSE:WKP) Debt-to-Revenue : 4.97 (As of Sep. 2023)


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What is Workspace Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Workspace Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.0 Mil. Workspace Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £902.0 Mil. Workspace Group's annualized Revenue for the quarter that ended in Sep. 2023 was £181.4 Mil. Workspace Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 4.97.


Workspace Group Debt-to-Revenue Historical Data

The historical data trend for Workspace Group's Debt-to-Revenue 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.

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Workspace Group Debt-to-Revenue Chart

Workspace Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 4.06 5.48 4.71 5.42

Workspace Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.09 4.37 5.95 5.13 4.97

Competitive Comparison of Workspace Group's Debt-to-Revenue

For the REIT - Office subindustry, Workspace Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Workspace Group's Debt-to-Revenue Distribution in the REITs Industry

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

* The bar in red indicates where Workspace Group's Debt-to-Revenue falls into.



Workspace Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Workspace Group's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(49.8 + 893.8) / 174.2
=5.42

Workspace Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 902) / 181.4
=4.97

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Sep. 2023) Revenue data.


Workspace Group Debt-to-Revenue Related Terms

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Workspace Group (LSE:WKP) Business Description

Traded in Other Exchanges
Address
1-3 Brixton Road, Canterbury Court, Kennington Park, London, GBR, SW9 6DE
Workspace Group PLC is a real estate investment trust engaged in the acquisition, design, development, and ownership of office buildings throughout London. The company mainly focuses on leasing office properties to new and growing companies. The real estate assets in Workspace's portfolio are clustered around the London area of Farringdon and elsewhere in northern and central London. The company derives the vast majority of its income in the form of rental revenue from tenants organized into short-term leases. Workspace's tenants include marketing, business consultancy, fashion, finance, software, and architectural firms.

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