Home REIT (CHIX:HOMEL) Cash-to-Debt : 0.06 (As of Feb. 2022)

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What is Home REIT 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. Home REIT's cash to debt ratio for the quarter that ended in Feb. 2022 was 0.06.

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, Home REIT couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2022.

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

CHIX:HOMEl's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.08
* Ranked among companies with meaningful Cash-to-Debt only.

Home REIT Cash-to-Debt Historical Data

The historical data trend for Home REIT'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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Home REIT Cash-to-Debt Chart

Home REIT Annual Data

Trend

Aug21

Cash-to-Debt

0.05

Home REIT Quarterly Data
	Feb21	Aug21	Feb22
Cash-to-Debt	0.11	0.05	0.06

Competitive Comparison of Home REIT's Cash-to-Debt

For the REIT - Residential subindustry, Home REIT'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.

Home REIT's Cash-to-Debt Distribution in the REITs Industry

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

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

Home REIT 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.

Home REIT's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	6.218	/	(0	+	117.528)
	=	0.05

Home REIT's Cash to Debt Ratio for the quarter that ended in Feb. 2022 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)
	=	15.848	/	(0	+	245.936)
	=	0.06

Home REIT (CHIX:HOMEl) 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.

Home REIT Cash-to-Debt Related Terms

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Home REIT (CHIX:HOMEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Home REIT PLC (CHIX:HOMEl) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6th Floor, 125 London Wall, London, GBR, EC2Y 5AS

Website

https://www.homereituk.com

Home REIT PLC operates as a real estate investment company. The company invests in a diversified portfolio of homeless accommodation assets, let or pre-let to registered charities, housing associations, community interest companies and other regulated organisations that receive housing benefit or comparable funding from local or central government, on very long-term and index-linked leases. The investment objective is to deliver inflation-protected income and capital growth over the medium term for shareholders.

Home REIT (CHIX:HOMEL) Headlines

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