Empire East Land Holdings (PHS:ELI) Cash-to-Debt : 4.95 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Empire East Land Holdings 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. Empire East Land Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.95.

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, Empire East Land Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

PHS:ELI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 1.38 Max: 8.53
Current: 4.95

During the past 13 years, Empire East Land Holdings's highest Cash to Debt Ratio was 8.53. The lowest was 0.34. And the median was 1.38.

PHS:ELI's Cash-to-Debt is ranked better than
83.31% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs PHS:ELI: 4.95

Empire East Land Holdings Cash-to-Debt Historical Data

The historical data trend for Empire East Land Holdings'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.

* Premium members only.

Empire East Land Holdings Cash-to-Debt Chart

Empire East Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.73

1.71

2.71

3.44

4.37

Empire East Land Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															3.33	3.63	4.16	4.37	4.95

Competitive Comparison of Empire East Land Holdings's Cash-to-Debt

For the Real Estate - Development subindustry, Empire East Land Holdings'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.

Empire East Land Holdings's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Empire East Land Holdings 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.

Empire East Land Holdings'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)
	=	3717.47	/	(200	+	650)
	=	4.37

Empire East Land Holdings'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)
	=	3958.911	/	(200	+	600)
	=	4.95

Empire East Land Holdings (PHS:ELI) 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.

Empire East Land Holdings Cash-to-Debt Related Terms

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

Empire East Land Holdings (PHS:ELI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Empire East Land Holdings Inc (PHS:ELI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. Antonio Street, 2nd Floor Tower 2, Kasara Urban Resort Residences, Barangay Ugong, Pasig City, PHL, 1604

Website

https://www.eelhi.com.ph

Empire East Land Holdings Inc is engaged in the development and marketing of mid-cost housing projects in the form of condominium communities, subdivision lots and house and lot packages, and commercial units to a limited extent. The company also leases out commercial and industrial properties. It classifies and monitors its projects into high-rise and horizontal. High-rise projects refer to condominiums and other medium-scale properties while horizontal projects refer to house and lot packages and subdivision lots. Both are intended for the middle-income market.

Empire East Land Holdings (PHS:ELI) Headlines

No Headlines