Rightmove (LSE:RMV) Cash-to-Debt : 5.24 (As of Dec. 2023)

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What is Rightmove 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. Rightmove's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.24.

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, Rightmove could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:RMV' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.4 Med: 6.53 Max: No Debt
Current: 5.24

During the past 13 years, Rightmove's highest Cash to Debt Ratio was No Debt. The lowest was 1.40. And the median was 6.53.

LSE:RMV's Cash-to-Debt is ranked better than
51.79% of 587 companies
in the Interactive Media industry
Industry Median: 4.57 vs LSE:RMV: 5.24

Rightmove Cash-to-Debt Historical Data

The historical data trend for Rightmove'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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Rightmove Cash-to-Debt Chart

Rightmove Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.93

7.82

4.35

4.17

5.24

Rightmove Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.35	4.14	4.17	5.15	5.24

Competitive Comparison of Rightmove's Cash-to-Debt

For the Internet Content & Information subindustry, Rightmove'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.

Rightmove's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rightmove's Cash-to-Debt distribution charts can be found below:

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

Rightmove 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.

Rightmove'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)
	=	38.765	/	(2.291	+	5.112)
	=	5.24

Rightmove's Cash to Debt Ratio for the quarter 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)
	=	38.765	/	(2.291	+	5.112)
	=	5.24

Rightmove (LSE:RMV) 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.

Rightmove Cash-to-Debt Related Terms

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

Rightmove (LSE:RMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Rightmove PLC (LSE:RMV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RTMVY:USA RTMVF:USA RMVl:UK 3JDA:Germany

Address

Caldecotte Lake Drive, 2 Caldecotte Lake Business Park, Caldecotte, Milton Keynes, GBR, MK7 8LE

Website

https://plc.rightmove.co.uk

Rightmove PLC provides online property search platforms. The company's customers include agents, buyers, renters, and new home developers. Rightmove provides users with tools such as the house price index, which tracks house prices and analyzes price trends in the U.K. house market, and a mortgage calculator, which estimates mortgages and monthly repayments. The company's segments include agencies, new homes, and others. Its agency segment provides resale and lettings property advertising services. The new homes segment provides property advertising services to new home developers. Its other segment includes overseas, commercial property, and nonproperty advertising services. The company generates maximum revenue from the agency segment.

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