The New Home Co (The New Home Co) Cash-to-Debt : 0.41 (As of Jun. 2021)

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What is The New Home Co 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. The New Home Co's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.41.

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, The New Home Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

NWHM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.29 Max: 2.02
Current: 0.41

During the past 10 years, The New Home Co's highest Cash to Debt Ratio was 2.02. The lowest was 0.10. And the median was 0.29.

NWHM's Cash-to-Debt is not ranked
in the Homebuilding & Construction industry.
Industry Median: 0.52 vs NWHM: 0.41

The New Home Co Cash-to-Debt Historical Data

The historical data trend for The New Home Co'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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The New Home Co Cash-to-Debt Chart

The New Home Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.26

0.39

0.11

0.26

0.43

The New Home Co Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Cash-to-Debt	Get a 7-Day Free Trial															0.29	0.43	0.43	0.41	0.41

Competitive Comparison of The New Home Co's Cash-to-Debt

For the Residential Construction subindustry, The New Home Co'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.

The New Home Co's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, The New Home Co's Cash-to-Debt distribution charts can be found below:

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

The New Home Co 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.

The New Home Co'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)
	=	107.279	/	(0	+	248.045)
	=	0.43

The New Home Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	117.329	/	(0	+	283.465)
	=	0.41

The New Home Co (NYSE:NWHM) 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.

The New Home Co Cash-to-Debt Related Terms

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The New Home Co (The New Home Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » The New Home Co Inc (NYSE:NWHM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

15231 Laguna Canyon Road, Suite 250, Irvine, CA, USA, 92618

Website

https://www.nwhm.com

The New Home Co Inc is a home builder that focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area. The company also offers general contracting services to build homes for independent third-party property owners.

Executives

Paul C Heeschen	director	450 NEWPORT CENTER DRIVE STE 450 NEWPORT BEACH CA 92660
Cathey S Lowe	director
Douglas C Neff	director, 10 percent owner, other: See "Remarks" below.	19800 MACARTHUR BLVD. SUITE 700 IRVINE CA 92612
Wayne Stelmar	director, other: See "Remarks" below.	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Sam Bakhshandehpour	director	THE NEW HOME COMPANY, 95 ENTERPRISE, SUITE 325, ALISO VIEJO CA 92656
Michael Berchtold	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Gregory P. Lindstrom	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Leonard Stoudt Miller	officer: President & CEO	85 ENTERPRISE SUITE 450 ALISO VIEJO CA 92656
John Martin Stephens	officer: EVP, Chief Financial Officer	26 TECHNOLOGY DRIVE, IRVINE CA 92618
H Lawrence Webb	director, officer: Executive Chairman, other: See "Remarks" below.	THE NEW HOME COMPANY 85 ENTERPRISE, SUITE 450 ALISO VIEJO CA 92656
William A. Witte	director	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Thomas Redwitz	other: See "Remarks" below.	THE NEW HOME COMPANY 95 ENTERPRISE, SUITE 325 ALISO VIEJO CA 92656
Second Curve Capital Llc	10 percent owner	150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown	10 percent owner	C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Tricon Us Topco Llc	other: See remarks	1067 YONGE STREET TORONTO A6 M4W 2L2