Timbercreek Financial (TSX:TF) Cash-to-Debt : 0.01 (As of Sep. 2024)

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What is Timbercreek Financial 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. Timbercreek Financial's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.01.

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, Timbercreek Financial 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 Timbercreek Financial's Cash-to-Debt or its related term are showing as below:

TSX:TF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.11
Current: 0.01

During the past 13 years, Timbercreek Financial's highest Cash to Debt Ratio was 0.11. The lowest was 0.00. And the median was 0.00.

TSX:TF's Cash-to-Debt is ranked worse than
98.93% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs TSX:TF: 0.01

Timbercreek Financial Cash-to-Debt Historical Data

The historical data trend for Timbercreek Financial'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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Timbercreek Financial Cash-to-Debt Chart

Timbercreek Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

Timbercreek Financial 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															0.04	0.01	0.01	-	0.01

Competitive Comparison of Timbercreek Financial's Cash-to-Debt

For the Mortgage Finance subindustry, Timbercreek Financial'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.

Timbercreek Financial's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timbercreek Financial's Cash-to-Debt distribution charts can be found below:

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

Timbercreek Financial 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.

Timbercreek Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	4.802	/	(259.704	+	402.578)
	=	0.01

Timbercreek Financial's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6.286	/	(0	+	464.2)
	=	0.01

Timbercreek Financial (TSX:TF) 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.

Timbercreek Financial Cash-to-Debt Related Terms

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Timbercreek Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TBCRF:USA 58O:Germany

Address

25 Price Street, Toronto, ON, CAN, M4W 1Z1

Website

https://www.timbercreekfinancial.com

Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans predominantly secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's objective is to preserve investor capital and provide risk adjusted returns by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

Executives

Robert Blair Tamblyn	Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Deborah Wallis Robinson	Director
Tracy Lee Johnston	Senior Officer
Ugo Bizzarri	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Tami Holdings Inc.	Subsidiary
Cameron Goodnough	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Derek John Watchorn	Director
Scott Rowland	Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Timbercreek Financial Headlines

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