American Residential Properties (American Residential Properties) Cash-to-Debt : 0.03 (As of Sep. 2015)

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What is American Residential Properties 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. American Residential Properties's cash to debt ratio for the quarter that ended in Sep. 2015 was 0.03.

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, American Residential Properties couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

The historical rank and industry rank for American Residential Properties's Cash-to-Debt or its related term are showing as below:

ARPI's Cash-to-Debt is not ranked ^*
in the REITs industry.
Industry Median: 0.08
* Ranked among companies with meaningful Cash-to-Debt only.

American Residential Properties Cash-to-Debt Historical Data

The historical data trend for American Residential Properties'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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American Residential Properties Cash-to-Debt Chart

American Residential Properties Annual Data

Trend

Dec12

Dec13

Dec14

Cash-to-Debt

No Debt

0.09

0.03

American Residential Properties Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial								0.05	0.03	0.03	0.03	0.03

Competitive Comparison of American Residential Properties's Cash-to-Debt

For the REIT - Residential subindustry, American Residential Properties'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.

American Residential Properties's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Residential Properties's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where American Residential Properties's Cash-to-Debt falls into.

American Residential Properties 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.

American Residential Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	23.831	/	(0	+	753.863)
	=	0.03

American Residential Properties's Cash to Debt Ratio for the quarter that ended in Sep. 2015 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)
	=	21.692	/	(0	+	780.329)
	=	0.03

American Residential Properties (NYSE:ARPI) 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.

American Residential Properties Cash-to-Debt Related Terms

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American Residential Properties (American Residential Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.americanresidentialproperties.com

American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.

Executives

Keith R Guericke	director	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield	director	3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham	director
David M. Brain	director	909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes	director, officer: President and COO	7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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