Resource America (Resource America) Cash-to-Debt : 1.31 (As of Jun. 2016)

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What is Resource America 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. Resource America's cash to debt ratio for the quarter that ended in Jun. 2016 was 1.31.

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, Resource America could pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

REXI's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.26
* Ranked among companies with meaningful Cash-to-Debt only.

Resource America Cash-to-Debt Historical Data

The historical data trend for Resource America'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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Resource America Cash-to-Debt Chart

Resource America Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Dec13

Dec14

Dec15

Cash-to-Debt

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0.11

0.26

1.56

1.13

Resource America Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.07	1.13	0.88	1.31

Competitive Comparison of Resource America's Cash-to-Debt

For the Real Estate Services subindustry, Resource America'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.

Resource America's Cash-to-Debt Distribution in the Real Estate Industry

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

* The bar in red indicates where Resource America's Cash-to-Debt falls into.

Resource America 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.

Resource America's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	24.132	/	(0.705	+	20.747)
	=	1.12

Resource America's Cash to Debt Ratio for the quarter that ended in Jun. 2016 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)
	=	26.522	/	(0.02	+	20.272)
	=	1.31

Resource America (NAS:REXI) 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.

Resource America Cash-to-Debt Related Terms

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Resource America (Resource America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Resource America Inc (NAS:REXI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.resourceamerica.com

Resource America Inc is Delaware Corporation. It is an asset management company that uses industry specific expertise to evaluate, originate, service and manage investment opportunities through its real estate, commercial finance and financial fund management subsidiaries. As a specialized asset manager, it develops investment funds for outside investors for which the Company provides asset management services, typically under long-term management arrangements either through a contract with, or as the manager or general partner of, its sponsored investment funds. In its real estate segment, it focuses on acquiring and managing a diversified portfolio of commercial real estate and real estate related debt that has been significantly discounted due to the effects of current economic conditions and high levels of leverage. In its financial fund management segment, it focuses on the he sponsorship and management of issuers of collateralized loan and debt obligations. The Company has operations in New York, Philadelphia, Los Angeles, London, Singapore and Sydney. In its real estate operations, the Company concentrates on the ownership, operation and management of multifamily and commercial real estate and real estate mortgage loans including whole mortgage loans, first priority interests in commercial mortgage loans, known as A notes, subordinated interests in first mortgage loans, known as B notes, mezzanine loans, investments in discounted and distressed real estate loans and investments in value-added properties. The Company faces competition from other asset holding companies in various areas.

Executives

Michael J Bradley	director	1370 SOUTH LEOPARD ROAD, BERWYN PA 19312
Richard Jr Reiss	director	1001 PARK AVE, NEW YORK NY 10028
Jeffrey F Brotman	officer: Executive Vice President	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Jeffrey D Blomstrom	officer: Senior Vice President	C/O RESOURCE AMERICA, INC., 717 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thomas C Elliott	officer: SVP & CFO	1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Hersh Kozlov	director	WOLF BLOCK SCHORR & SOLIS, 1940 RTE 70 E, CHERRY HILL NJ 08003
Carlos C Campbell	director	C/O 1845 WALNUT STREET 10TH FLOOR PHILADELPHIA PA 19103
Edward E Cohen	director	RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Jonathan Z Cohen	director, officer: CEO & President	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Robert L Lerner	director	C/O DPT CAPITAL MANAGEMENT, LLC 213 NASSAU STREET PRINCETON NJ 08542
Raging Capital Management, Llc	10 percent owner	TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Raging Capital Master Fund, Ltd.	10 percent owner	C/O OGIER FIDUCIARY SERVICES (CAYMAN), 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY 1-9007
William C Martin	10 percent owner	C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Fund (qp), Lp	other: See explanation of responses	TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08853

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