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Claros Mortgage Trust (Claros Mortgage Trust) Cash-to-Debt : 0.10 (As of Dec. 2023)


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What is Claros Mortgage 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. Claros Mortgage Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Claros Mortgage Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

CMTG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1   Med: 0.25   Max: 0.31
Current: 0.1

During the past 5 years, Claros Mortgage Trust's highest Cash to Debt Ratio was 0.31. The lowest was 0.10. And the median was 0.25.

CMTG's Cash-to-Debt is ranked better than
55.42% of 803 companies
in the REITs industry
Industry Median: 0.08 vs CMTG: 0.10

Claros Mortgage Trust Cash-to-Debt Historical Data

The historical data trend for Claros Mortgage 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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Claros Mortgage Trust Cash-to-Debt Chart

Claros Mortgage Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.31 0.27 0.25 0.18 0.10

Claros Mortgage Trust Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.24 0.14 0.17 0.10

Competitive Comparison of Claros Mortgage Trust's Cash-to-Debt

For the REIT - Mortgage subindustry, Claros Mortgage 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.


Claros Mortgage Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Claros Mortgage Trust's Cash-to-Debt falls into.



Claros Mortgage Trust 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.

Claros Mortgage Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Claros Mortgage Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Claros Mortgage Trust  (NYSE:CMTG) 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.


Claros Mortgage Trust Cash-to-Debt Related Terms

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


Claros Mortgage Trust (Claros Mortgage Trust) Business Description

Traded in Other Exchanges
N/A
Address
C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023
Claros Mortgage Trust Inc is a real estate investment trust. The company is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S.
Executives
Steven Leonard Richman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
W Edward Walter director
Jeffrey D Siegel officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Jai Agarwal officer: Chief Financial Officer 601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Richard Mack director, officer: See Remarks 60 COLOMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Mary Haggerty director 13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Mike Mcgillis director, officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Pamela Liebman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Vincent Tese director 245 PARK AVE, 19TH FL., NEW YORK NY 10167
Andrew Mark Silberstein director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Holdings, Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Beaverhead Capital, Llc 10 percent owner 4111 E. 37TH STREET NORTH, WICHITA KS 67220
Derrick D Cephas director 690 LEE ROAD, WAYNE PA 19087
Priyanka Garg officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023

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