Crest Nicholson Holdings (Crest Nicholson Holdings) Cash-to-Debt : 1.57 (As of Oct. 2023)

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What is Crest Nicholson 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. Crest Nicholson Holdings's cash to debt ratio for the quarter that ended in Oct. 2023 was 1.57.

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, Crest Nicholson Holdings could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

CRNHY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87 Med: 1.34 Max: 3.71
Current: 1.57

During the past 13 years, Crest Nicholson Holdings's highest Cash to Debt Ratio was 3.71. The lowest was 0.87. And the median was 1.34.

CRNHY's Cash-to-Debt is ranked better than
75.24% of 105 companies
in the Homebuilding & Construction industry
Industry Median: 0.51 vs CRNHY: 1.57

Crest Nicholson Holdings Cash-to-Debt Historical Data

The historical data trend for Crest Nicholson 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.

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Crest Nicholson Holdings Cash-to-Debt Chart

Crest Nicholson Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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1.29

2.31

3.43

3.71

1.57

Crest Nicholson Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															3.43	2.68	3.71	1.63	1.57

Competitive Comparison of Crest Nicholson Holdings's Cash-to-Debt

For the Residential Construction subindustry, Crest Nicholson 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.

Crest Nicholson Holdings's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Crest Nicholson Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Crest Nicholson Holdings's Cash-to-Debt falls into.

Crest Nicholson 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.

Crest Nicholson Holdings's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	199.391	/	(19.732	+	107.065)
	=	1.57

Crest Nicholson Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	199.391	/	(19.732	+	107.065)
	=	1.57

Crest Nicholson Holdings (GREY:CRNHY) 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.

Crest Nicholson Holdings Cash-to-Debt Related Terms

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Crest Nicholson Holdings (Crest Nicholson Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Crest Nicholson Holdings PLC (GREY:CRNHY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CRSTl:UK CRST:UK C38:Germany

Address

500 Dashwood Lang Road, Bourne Business Park,, Addlestone, Surrey, GBR, KT15 2HJ

Website

https://www.crestnicholson.com

Crest Nicholson Holdings PLC is a British construction company that focuses on residential property in the southern half of England. The company plans, designs, and builds single-family housing communities, apartment and townhome complexes, and commercial properties. Crest Nicholson completes approximately 3,000 homes annually with an average selling price around EUR 300,000. It is known for its particular expertise in homebuilding in the surrounding regions of London such as Surrey, Kent, Bristol, and Sussex. The company also participates in land development and planning to support its future projects.