Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Cash-to-Debt : 0.02 (As of Sep. 2021)

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What is Landmark Infrastructure Partners LP 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. Landmark Infrastructure Partners LP's cash to debt ratio for the quarter that ended in Sep. 2021 was 0.02.

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, Landmark Infrastructure Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

LMRKP.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.38
Current: 0.02

During the past 9 years, Landmark Infrastructure Partners LP's highest Cash to Debt Ratio was 0.38. The lowest was 0.00. And the median was 0.02.

LMRKP.PFD's Cash-to-Debt is not ranked
in the Real Estate industry.
Industry Median: 0.26 vs LMRKP.PFD: 0.02

Landmark Infrastructure Partners LP Cash-to-Debt Historical Data

The historical data trend for Landmark Infrastructure Partners LP'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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Landmark Infrastructure Partners LP Cash-to-Debt Chart

Landmark Infrastructure Partners LP Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.01

0.02

0.01

0.02

Landmark Infrastructure Partners LP Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Landmark Infrastructure Partners LP's Cash-to-Debt

For the Real Estate Services subindustry, Landmark Infrastructure Partners LP'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.

Landmark Infrastructure Partners LP's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landmark Infrastructure Partners LP's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Landmark Infrastructure Partners LP's Cash-to-Debt falls into.

Landmark Infrastructure Partners LP 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.

Landmark Infrastructure Partners LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	10.447	/	(214.2	+	288.495)
	=	0.02

Landmark Infrastructure Partners LP's Cash to Debt Ratio for the quarter that ended in Sep. 2021 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)
	=	11.003	/	(223.2	+	284.478)
	=	0.02

Landmark Infrastructure Partners LP (NAS:LMRKP.PFD) 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.

Landmark Infrastructure Partners LP Cash-to-Debt Related Terms

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Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landmark Infrastructure Partners LP (NAS:LMRKP.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Continental Boulevard, Suite 500, El Segundo, CA, USA, 90245

Website

http://www.landmarkmlp.com

Landmark Infrastructure Partners LP is a real estate and infrastructure company that acquires, owns and manages a portfolio of real property interests and infrastructure assets that is leased to companies in the wireless communication, outdoor advertising and renewable power generation industries. The company's real property interests underlie its tenants' infrastructure assets, including cellular towers, rooftop wireless sites, billboards, solar farms and wind turbines. Its segments include Wireless communication, Outdoor advertising, and Renewable power generation.