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UMRRF (US Masters Residential Property Fund) Cash-to-Debt : 0.54 (As of Jun. 2024)


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What is US Masters Residential Property Fund 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. US Masters Residential Property Fund's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.54.

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, US Masters Residential Property Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for US Masters Residential Property Fund's Cash-to-Debt or its related term are showing as below:

UMRRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 0.67
Current: 0.54

During the past 12 years, US Masters Residential Property Fund's highest Cash to Debt Ratio was 0.67. The lowest was 0.10. And the median was 0.22.

UMRRF's Cash-to-Debt is ranked better than
74.63% of 871 companies
in the REITs industry
Industry Median: 0.08 vs UMRRF: 0.54

US Masters Residential Property Fund Cash-to-Debt Historical Data

The historical data trend for US Masters Residential Property Fund'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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US Masters Residential Property Fund Cash-to-Debt Chart

US Masters Residential Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.13 0.12 0.11 0.10

US Masters Residential Property Fund Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.11 0.27 0.10 0.54

Competitive Comparison of US Masters Residential Property Fund's Cash-to-Debt

For the REIT - Residential subindustry, US Masters Residential Property Fund'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.

US Masters Residential Property Fund's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, US Masters Residential Property Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where US Masters Residential Property Fund's Cash-to-Debt falls into.


US Masters Residential Property Fund 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.

US Masters Residential Property Fund'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)
=29.141 / (0.941 + 306.223)
=0.09

US Masters Residential Property Fund's Cash to Debt Ratio for the quarter that ended in Jun. 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)
=151.048 / (0.821 + 277.399)
=0.54

* 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.

US Masters Residential Property Fund  (OTCPK:UMRRF) 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.

US Masters Residential Property Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of US Masters Residential Property Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

US Masters Residential Property Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » US Masters Residential Property Fund (OTCPK:UMRRF) » Definitions » Cash-to-Debt
Comparable Companies
ASX:USQ AVB EQR INVH MAA SUI ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN TSE:8986 TSE:3278 XPAR:ALTA TSX:KMP.UN
Traded in Other Exchanges
URF:Australia
Address
1 O’Connell Street, Level 32, Sydney, NSW, AUS, 2000
Website
https://www.usmastersresidential.com.au
US Masters Residential Property Fund invests in the United States residential property market. The Group operates in a single operating segment, being in the business of investing in residential real estate assets associated with the New York metropolitan area in the United States of America.