Real Estate Credit Investments (LSE:RECI) Cash-to-Debt : 0.21 (As of Sep. 2024)

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What is Real Estate Credit Investments 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. Real Estate Credit Investments's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.21.

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, Real Estate Credit Investments couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Real Estate Credit Investments's Cash-to-Debt or its related term are showing as below:

LSE:RECI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.6 Max: No Debt
Current: 0.21

During the past 13 years, Real Estate Credit Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.60.

LSE:RECI's Cash-to-Debt is ranked worse than
74.98% of 1447 companies
in the Asset Management industry
Industry Median: 5.7 vs LSE:RECI: 0.21

Real Estate Credit Investments Cash-to-Debt Historical Data

The historical data trend for Real Estate Credit Investments'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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Real Estate Credit Investments Cash-to-Debt Chart

Real Estate Credit Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.27

0.47

0.18

0.77

Real Estate Credit Investments Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	0.18	0.09	0.77	0.21

Competitive Comparison of Real Estate Credit Investments's Cash-to-Debt

For the Asset Management subindustry, Real Estate Credit Investments'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.

Real Estate Credit Investments's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Real Estate Credit Investments's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Real Estate Credit Investments's Cash-to-Debt falls into.

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Real Estate Credit Investments 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.

Real Estate Credit Investments's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	18.29	/	(0	+	23.79)
	=	0.77

Real Estate Credit Investments's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	16.912	/	(0	+	79.6)
	=	0.21

Real Estate Credit Investments (LSE:RECI) 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.

Real Estate Credit Investments Cash-to-Debt Related Terms

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

Real Estate Credit Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Real Estate Credit Investments Ltd (LSE:RECI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Wing, Trafalgar Court, Les Banques, Saint Peter Port, GGY, GY1 3PP

Website

https://www.realestatecreditinvestments.com

Real Estate Credit Investments Ltd is a closed-ended company registered in Guernsey. Its investment objective is to provide leveraged exposure to a portfolio and stable returns in the form of quarterly dividends. The company seeks to ensure that its investment portfolio is geographically diverse and backed by a broad range of financial assets. It mainly invests in secured residential and commercial debt by exploiting opportunities in publicly traded securities and real estate loans. To achieve its objective, the company will invest in real estate debt investments such as securitized tranches of secured real estate-related debt securities. The company holds two reportable segments the Market Bond Portfolio, Equity Securities, and Bilateral Loan and Bond Portfolio.

Real Estate Credit Investments Headlines

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