Hunt Finance Trust (Hunt Finance Trust) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is Hunt Finance 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. Hunt Finance Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, Hunt Finance 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 Hunt Finance Trust's Cash-to-Debt or its related term are showing as below:

HCFTpACL.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.05
Current: 0.04

During the past 12 years, Hunt Finance Trust's highest Cash to Debt Ratio was 0.05. The lowest was 0.02. And the median was 0.02.

HCFTpACL.PFD's Cash-to-Debt is ranked worse than
66.42% of 801 companies
in the REITs industry
Industry Median: 0.08 vs HCFTpACL.PFD: 0.04

Hunt Finance Trust Cash-to-Debt Historical Data

The historical data trend for Hunt Finance 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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Hunt Finance Trust Cash-to-Debt Chart

Hunt Finance Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.05

0.04

Hunt Finance Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.11	0.11	0.04	0.04

Competitive Comparison of Hunt Finance Trust's Cash-to-Debt

For the REIT - Mortgage subindustry, Hunt Finance 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.

Hunt Finance Trust's Cash-to-Debt Distribution in the REITs Industry

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

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

Hunt Finance 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.

Hunt Finance Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	51.247	/	(0	+	1193.431)
	=	0.04

Hunt Finance Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	51.247	/	(0	+	1193.431)
	=	0.04

Hunt Finance Trust (NYSE:HCFTpACL.PFD) 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.

Hunt Finance Trust Cash-to-Debt Related Terms

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Hunt Finance Trust (Hunt Finance Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hunt Companies Finance Trust Inc (NYSE:HCFTpACL.PFD) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

LFT:USA 70X:Germany

Address

230 Park Avenue, 20th Floor, New York, NY, USA, 10169

Website

https://www.lumentfinancetrust.com

Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.