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RAIT Financial Trust (OTCPK:RASJQ.PFD) Cash-to-Debt

: 0.16 (As of Jun. 2019)
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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. RAIT Financial Trust's cash to debt ratio for the quarter that ended in Jun. 2019 was 0.16.

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, RAIT Financial Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2019.

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

RASJQ.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 1.83
Current: 0.16

During the past 13 years, RAIT Financial Trust's highest Cash to Debt Ratio was 1.83. The lowest was 0.00. And the median was 0.05.

RASJQ.PFD's Cash-to-Debt is not ranked
in the REITs industry.
Industry Median: 0.07 vs RASJQ.PFD: 0.16

RAIT Financial Trust (OTCPK:RASJQ.PFD) Cash-to-Debt Historical Data

The historical data trend for RAIT Financial Trust'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.

* Premium members only.

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.06 0.08 0.14

RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.24 0.14 0.13 0.16

RAIT Financial Trust (OTCPK:RASJQ.PFD) Cash-to-Debt Competitive Comparison

For the REIT - Diversified subindustry, RAIT Financial Trust'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.

   

RAIT Financial Trust (OTCPK:RASJQ.PFD) Cash-to-Debt Distribution

For the REITs industry and Real Estate sector, RAIT Financial Trust's Cash-to-Debt distribution charts can be found below:

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



RAIT Financial Trust Cash-to-Debt Calculation

This is the ratio of a company's 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.

RAIT Financial Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

RAIT Financial Trust's Cash to Debt Ratio for the quarter that ended in Jun. 2019 is calculated as:

* 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.


RAIT Financial Trust  (OTCPK:RASJQ.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.


RAIT Financial Trust Cash-to-Debt Related Terms

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


RAIT Financial Trust (OTCPK:RASJQ.PFD) Business Description

RAIT Financial Trust logo
Traded in Other Exchanges
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.
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