IVRPA.PFD (Invesco Mortgage Capital) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Invesco Mortgage Capital 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. Invesco Mortgage Capital's cash to debt ratio for the quarter that ended in Sep. 2024 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, Invesco Mortgage Capital could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 Invesco Mortgage Capital's Cash-to-Debt or its related term are showing as below:

IVRpA.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: No Debt
Current: No Debt

During the past 13 years, Invesco Mortgage Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.09.

IVRpA.PFD's Cash-to-Debt is ranked better than
99.89% of 871 companies
in the REITs industry
Industry Median: 0.08 vs IVRpA.PFD: No Debt

Invesco Mortgage Capital Cash-to-Debt Historical Data

The historical data trend for Invesco Mortgage Capital'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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Invesco Mortgage Capital Cash-to-Debt Chart

Invesco Mortgage Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

No Debt

Invesco Mortgage Capital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Invesco Mortgage Capital's Cash-to-Debt

For the REIT - Mortgage subindustry, Invesco Mortgage Capital'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.

Invesco Mortgage Capital's Cash-to-Debt Distribution in the REITs Industry

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

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

Invesco Mortgage Capital 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.

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

Invesco Mortgage Capital had no debt ⁽¹⁾.

Invesco Mortgage Capital's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Invesco Mortgage Capital had no debt ⁽¹⁾.

Invesco Mortgage Capital (NYSE:IVRpA.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.

Invesco Mortgage Capital Cash-to-Debt Related Terms

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

Invesco Mortgage Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invesco Mortgage Capital Inc (NYSE:IVRpA.PFD) » Definitions » Cash-to-Debt

Comparable Companies

ORC TRTX GPMT ACRE REFI NREF AOMR SEVN MITT SACH NLY STWD AGNC RITM BXMT ABR CMTG RC ARI LADR

Traded in Other Exchanges

IVRpC.PFD:USA IVRpB.PFD:USA IVR:USA 0JD3:UK 7M20:Germany

Address

1331 Spring Street, North West, Suite 2500, Atlanta, GA, USA, 30309

Website

https://www.invescomortgagecapital.com

Invesco Mortgage Capital Inc is a REIT that invests, finances, and manages residential and commercial mortgage-backed securities and mortgage loans. The company's portfolio consists of residential mortgage-backed securities (RMBS) that are guaranteed by a U.S. government agency such as the Government National Mortgage Association, or a federally chartered corporation such as the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; Commercial mortgage-backed securities (CMBS) that are not guaranteed by a U.S. government agency or a federally chartered corporation; RMBS that are not guaranteed by a U.S. government agency or a federally chartered corporation; and other real estate-related financing arrangements.