ACRES Commercial Realty (ACRES Commercial Realty) Cash-to-Debt

: 0.05 (As of Dec. 2023)

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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. ACRES Commercial Realty's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, ACRES Commercial Realty couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ACRpC.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.27
Current: 0.05

During the past 13 years, ACRES Commercial Realty's highest Cash to Debt Ratio was 0.27. The lowest was 0.02. And the median was 0.05.

ACRpC.PFD's Cash-to-Debt is ranked worse than
61.94% of 804 companies
in the REITs industry
Industry Median: 0.09 vs ACRpC.PFD: 0.05

ACRES Commercial Realty Cash-to-Debt Historical Data

The historical data trend for ACRES Commercial Realty'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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ACRES Commercial Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.05

0.02

0.04

0.05

ACRES Commercial Realty Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.04	0.05	0.03	0.04	0.05

Competitive Comparison

For the REIT - Mortgage subindustry, ACRES Commercial Realty'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.

ACRES Commercial Realty Cash-to-Debt Distribution

For the REITs industry and Real Estate sector, ACRES Commercial Realty's Cash-to-Debt distribution charts can be found below:

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

ACRES Commercial Realty 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.

ACRES Commercial Realty's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	83.449	/	(0	+	1720.476)
	=	0.05

ACRES Commercial Realty's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	83.449	/	(0	+	1720.476)
	=	0.05

ACRES Commercial Realty (NYSE:ACRpC.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.

ACRES Commercial Realty Cash-to-Debt Related Terms

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

ACRES Commercial Realty (ACRES Commercial Realty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ACRES Commercial Realty Corp (NYSE:ACRpC.PFD) » Definitions » Cash-to-Debt

Comparable Companies

CHMI AJX LFT EARN LOAN MITT SEVN SACH GPMT NREF NLY AGNC STWD RITM BXMT ABR ARI RC LADR TWO

Traded in Other Exchanges

ACR:USA R9L:Germany

Address

390 RXR Plaza, Uniondale, New York, NY, USA, 11556

Website

https://www.acresreit.com

ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.

Executives

Eagle Point Dif Gp I Llc	10 percent owner	600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc	10 percent owner	600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Dawanna Williams	director	865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Karen K Edwards	director	C/O ARBOR REALTY TRUST, 333 EARLE OVINGTON BOULEVARD, SUITE 900, UNIONDALE NY 11553
Jaclyn Jesberger	officer: SVP, CLO & Secretary	865 MERRICK AVENUE, SUITE 200S, WESTBURY NY 11590
Mark S Fogel	director, officer: CEO and President	865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Andrew Fentress	director	865 MERRICK AVE, SUITE 200 S, WESTBURY NY 11590
Gary Ickowicz	director	C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Thomas C Elliott	officer: EVP	1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Eldron C Blackwell	officer: VP & CAO	C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Matthew J Stern	officer: President	C/O ISLAND CAPITAL GROUP, LLC, 717 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10022
Paul A Hughson	officer: EVP	C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
David J Bryant	officer: SVP, CFO & Tresurer	C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADEPHIA PA 19103
Andrew L Farkas	director	C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Stephanie H. Wiggins	director	C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103