RE/MAX Holdings (RE/MAX Holdings) Cash-to-Debt : 0.17 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is RE/MAX Holdings 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. RE/MAX Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.17.

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, RE/MAX Holdings 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 RE/MAX Holdings's Cash-to-Debt or its related term are showing as below:

RMAX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.26 Max: 0.55
Current: 0.17

During the past 13 years, RE/MAX Holdings's highest Cash to Debt Ratio was 0.55. The lowest was 0.17. And the median was 0.26.

RMAX's Cash-to-Debt is ranked worse than
59.14% of 1794 companies
in the Real Estate industry
Industry Median: 0.26 vs RMAX: 0.17

RE/MAX Holdings Cash-to-Debt Historical Data

The historical data trend for RE/MAX Holdings'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.

* Premium members only.

RE/MAX Holdings Cash-to-Debt Chart

RE/MAX Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.29

0.36

0.25

0.22

0.17

RE/MAX Holdings 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	Get a 7-Day Free Trial															0.22	0.20	0.20	0.19	0.17

Competitive Comparison of RE/MAX Holdings's Cash-to-Debt

For the Real Estate Services subindustry, RE/MAX Holdings'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.

RE/MAX Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Cash-to-Debt falls into.

RE/MAX Holdings 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.

RE/MAX Holdings'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)
	=	82.623	/	(12.52	+	471.459)
	=	0.17

RE/MAX Holdings'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)
	=	82.623	/	(12.52	+	471.459)
	=	0.17

RE/MAX Holdings (NYSE:RMAX) 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.

RE/MAX Holdings Cash-to-Debt Related Terms

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

RE/MAX Holdings (RE/MAX Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RE/MAX Holdings Inc (NYSE:RMAX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2RM:Germany

Address

5075 South Syracuse Street, Denver, CO, USA, 80237

Website

https://www.remax.com

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Other. It generates maximum revenue from the Real Estate segment.

Executives

Magnolia Capital Fund, Lp	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham	director	5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins	director	9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans	officer: VP, Chief Accounting Officer	5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping	director	6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison	director	5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon	officer: Chief Information Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders	officer: Vice President General Counsel	5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan	director	5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich	director	5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly	director	PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708