Silver Bay Realty Trust (Silver Bay Realty Trust) Cash-to-Debt : 0.08 (As of Dec. 2016)

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What is Silver Bay Realty Trust 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. Silver Bay Realty Trust's cash to debt ratio for the quarter that ended in Dec. 2016 was 0.08.

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, Silver Bay Realty Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2016.

The historical rank and industry rank for Silver Bay Realty Trust's Cash-to-Debt or its related term are showing as below:

SBY's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.09
* Ranked among companies with meaningful Cash-to-Debt only.

Silver Bay Realty Trust Cash-to-Debt Historical Data

The historical data trend for Silver Bay Realty Trust'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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Silver Bay Realty Trust Cash-to-Debt Chart

Silver Bay Realty Trust Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

No Debt

0.27

0.13

0.05

0.08

Silver Bay Realty Trust Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Cash-to-Debt	Get a 7-Day Free Trial														0.05	0.05	0.05	0.06	0.08

Competitive Comparison of Silver Bay Realty Trust's Cash-to-Debt

For the REIT - Residential subindustry, Silver Bay Realty Trust'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.

Silver Bay Realty Trust's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Silver Bay Realty Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Silver Bay Realty Trust's Cash-to-Debt falls into.

Silver Bay Realty Trust 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.

Silver Bay Realty Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	52.279	/	(0	+	649.581)
	=	0.08

Silver Bay Realty Trust's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	52.279	/	(0	+	649.581)
	=	0.08

Silver Bay Realty Trust (NYSE:SBY) 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.

Silver Bay Realty Trust Cash-to-Debt Related Terms

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

Silver Bay Realty Trust (Silver Bay Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Silver Bay Realty Trust Corp (NYSE:SBY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.silverbayrealtytrustcorp.com

Silver Bay Realty Trust Corp was incorporated in Maryland in June 2012. The Company is engaged in acquisition, renovation, leasing, and management of single-family properties in select markets in the United States. As of December 31, 2013, the company owned 5,642 single-family properties in Arizona, California, Florida, Georgia, Nevada, North Carolina, Ohio, and Texas, excluding properties held for sale. The Company conducts its business and owns all of its properties through Silver Bay Operating Partnership L.P., or the Operating Partnership, a Delaware limited partnership. acquire single-family properties through a variety of acquisition channels, including brokers, multiple listing services, short sales, foreclosure auctions, online auctions, and bulk purchases from institutions or investor groups. The Company face competition from individual investors, private pools of capital and other institutional buyers which may increase the prices for properties that they would like to purchase and reduce its ability to achieve its desired portfolio size or expected yields. They also compete for desirable residents against the same entities as well as multifamily lessors. The Company's properties are subject to various covenants, laws, and ordinances, and certain of its properties are also subject to the rules of the various homeowners' associations where such properties are located.

Executives

Tanuja M Dehne	director	C/O SILVER BAY REALTY TRUST CORP., 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
William Reid Sanders	director	C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Thomas W Brock	director, officer: Chief Executive Officer	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Stephen G Kasnet	director	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Thomas Siering	director	TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Daryl J Carter	director	CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Christine Battist	officer: Chief Financial Officer	601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
Brian Taylor	director	C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Obrien Timothy W J	officer: Secretary	TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 330, MINNETONKA MN 55305
William W Johnson	director	TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Investment Corp.	10 percent owner	1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Two Harbors Operating Co Llc	10 percent owner	601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Pine River Capital Management Llc	10 percent owner	601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305

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