Toll Brothers (FRA:TLK) Cash-to-Debt : 0.32 (As of Jul. 2024)

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What is Toll Brothers 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. Toll Brothers's cash to debt ratio for the quarter that ended in Jul. 2024 was 0.32.

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, Toll Brothers couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

FRA:TLK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 0.45
Current: 0.3

During the past 13 years, Toll Brothers's highest Cash to Debt Ratio was 0.45. The lowest was 0.09. And the median was 0.21.

FRA:TLK's Cash-to-Debt is ranked worse than
60.42% of 96 companies
in the Homebuilding & Construction industry
Industry Median: 0.475 vs FRA:TLK: 0.30

Toll Brothers Cash-to-Debt Historical Data

The historical data trend for Toll Brothers'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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Toll Brothers Cash-to-Debt Chart

Toll Brothers Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Cash-to-Debt

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0.34

0.45

0.39

0.44

0.46

Toll Brothers Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial															0.44	0.28	0.36	0.32	0.46

Competitive Comparison of Toll Brothers's Cash-to-Debt

For the Residential Construction subindustry, Toll Brothers'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.

Toll Brothers's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Toll Brothers's Cash-to-Debt distribution charts can be found below:

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

Toll Brothers 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.

Toll Brothers's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 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)
	=	1231.164	/	(0	+	2826.163)
	=	0.44

Toll Brothers's Cash to Debt Ratio for the quarter that ended in Jul. 2024 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)
	=	823.735	/	(0	+	2601.955)
	=	0.32

Toll Brothers (FRA:TLK) 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.

Toll Brothers Cash-to-Debt Related Terms

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Toll Brothers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Toll Brothers Inc (FRA:TLK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TOL:USA 0LFS:UK TLK:Germany

Address

1140 Virginia Drive, Fort Washington, PA, USA, 19034

Website

https://www.tollbrothers.com

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.