What is Legacy Housing 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. Legacy Housing's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.
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, Legacy Housing 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 Legacy Housing's Cash-to-Debt or its related term are showing as below:
LEGH'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 2.11
Current: 0.03
During the past 8 years, Legacy Housing's highest Cash to Debt Ratio was 2.11. The lowest was 0.01. And the median was 0.04.
Legacy Housing Cash-to-Debt Historical Data
The historical data trend for Legacy Housing'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.
Legacy Housing Cash-to-Debt Chart
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Legacy Housing Annual Data
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Trend |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
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|
0.06 |
0.02 |
0.13 |
2.11 |
0.03 |
|
Legacy Housing Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
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2.11 |
1.12 |
0.22 |
0.04 |
0.03 |
Competitive Comparison of Legacy Housing's Cash-to-Debt
For the Residential Construction subindustry, Legacy Housing'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.
Legacy Housing's Cash-to-Debt Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Legacy Housing's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Legacy Housing's Cash-to-Debt falls into.
Legacy Housing 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.
Legacy Housing's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Legacy Housing'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.
Legacy Housing (Legacy Housing) Business Description
Traded in Other Exchanges
N/A
Address
1600 Airport Freeway, Suite No. 100, Bedford, TX, USA, 76022
Legacy Housing Corp builds, sell, and finance manufactured homes and tiny houses that are distributed through a network of independent retailers and company-owned stores and also sold directly to manufactured home communities. The company also provides financing options to customers to facilitate the sale of homes.
Executives
| Curtis Drew Hodgson |
director, 10 percent owner, officer: Co-Chief Executive Officer |
15400 KNOLL TRAIL STE 101 LB 25, DALLAS TX 75248 |
| Kenneth E Shipley |
director, 10 percent owner, officer: Co-Chief Executive Officer |
PO BOX 749, LEVELLAND TX 79336 |
| William G Shipley |
10 percent owner |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Robert Duncan Bates |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Douglas M Shipley |
10 percent owner |
PO BOX 749, LEVELLAND TX 79336 |
| Jeffrey Mark Fiedelman |
officer: CFO |
7026 BAXTERSHIRE DRIVE, DALLAS TX 75230 |
| Jeffrey V Burt |
officer: CFO and Treasurer |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Francisco Javier Coll |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Ronald Carter Arrington |
officer: CFO |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Joseph Phillip Lane |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Jeffrey Kyle Stouder |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Stephen Lynn Crawford |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Neal J Suit |
officer: Exec VP, GC and Secretary |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Mark E Bennett |
director |
C/O LEGACY HOUSING CORPORATION, 1600 AIRPORT FREEWAY, #100, BEDFORD TX 76022 |
| Philip Thomas Blazek |
director |
500 CRESCENT COURT, SUITE 230, DALLAS TX 75201 |
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