American Church Mortgage Co (American Church Mortgage Co) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2022)

View and export this data going back to 2011. Start your Free Trial

What is American Church Mortgage Co 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. American Church Mortgage Co's cash to debt ratio for the quarter that ended in Jun. 2022 was No Debt ⁽¹⁾.

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, American Church Mortgage Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

(1) 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.

The historical rank and industry rank for American Church Mortgage Co's Cash-to-Debt or its related term are showing as below:

ACMC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: No Debt
Current: No Debt

During the past 13 years, American Church Mortgage Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.04.

ACMC's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.08 vs ACMC: No Debt

American Church Mortgage Co Cash-to-Debt Historical Data

The historical data trend for American Church Mortgage Co'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.

American Church Mortgage Co Cash-to-Debt Chart

American Church Mortgage Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.08

0.01

American Church Mortgage Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash-to-Debt	Get a 7-Day Free Trial															-	0.01	0.01	0.05	No Debt

Competitive Comparison of American Church Mortgage Co's Cash-to-Debt

For the REIT - Mortgage subindustry, American Church Mortgage Co'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.

American Church Mortgage Co's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Church Mortgage Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where American Church Mortgage Co's Cash-to-Debt falls into.

American Church Mortgage Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

American Church Mortgage Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.115	/	(0.3	+	21.603)
	=	0.01

American Church Mortgage Co's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

American Church Mortgage Co had no debt ⁽¹⁾.

American Church Mortgage Co (OTCPK:ACMC) 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.

American Church Mortgage Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of American Church Mortgage Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

American Church Mortgage Co (American Church Mortgage Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Church Mortgage Co (OTCPK:ACMC) » Definitions » Cash-to-Debt

Comparable Companies

DSNY ENRT GBR HPTO BABB TCNB MNTR HIHO ADMQ MMND NLY AGNC STWD RITM BXMT ABR CMTG ARI CIM TWO

Traded in Other Exchanges

N/A

Address

10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343

Website

https://church-loans.squarespace.com

American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.

Executives

Philip J. Myers	director, officer: Chairman, President, Secretary	10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis	other: VP & Secretary of Advisor	10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist	director	18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

American Church Mortgage Co (American Church Mortgage Co) Headlines

No Headlines

American Church Mortgage Co (American Church Mortgage Co) Cash-to-Debt : No Debt (1) (As of Jun. 2022)