CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is CIM Real Estate Finance Trust 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. CIM Real Estate Finance Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, CIM Real Estate Finance Trust 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 CIM Real Estate Finance Trust's Cash-to-Debt or its related term are showing as below:

CMRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.29
Current: 0.06

During the past 12 years, CIM Real Estate Finance Trust's highest Cash to Debt Ratio was 0.29. The lowest was 0.00. And the median was 0.03.

CMRF's Cash-to-Debt is ranked worse than
57.34% of 797 companies
in the REITs industry
Industry Median: 0.08 vs CMRF: 0.06

CIM Real Estate Finance Trust Cash-to-Debt Historical Data

The historical data trend for CIM Real Estate Finance 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.

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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CIM Real Estate Finance Trust Cash-to-Debt Chart

CIM Real Estate Finance Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.29

0.06

0.03

0.06

CIM Real Estate Finance Trust 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															0.03	0.14	0.10	0.12	0.06

Competitive Comparison of CIM Real Estate Finance Trust's Cash-to-Debt

For the REIT - Retail subindustry, CIM Real Estate Finance 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.

CIM Real Estate Finance Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where CIM Real Estate Finance Trust's Cash-to-Debt falls into.

CIM Real Estate Finance Trust 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.

CIM Real Estate Finance Trust'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)
	=	247.5	/	(2557.764	+	1365.959)
	=	0.06

CIM Real Estate Finance Trust'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)
	=	247.5	/	(2557.764	+	1365.959)
	=	0.06

CIM Real Estate Finance Trust (OTCPK:CMRF) 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.

CIM Real Estate Finance Trust Cash-to-Debt Related Terms

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

CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CIM Real Estate Finance Trust Inc (OTCPK:CMRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2398 East Camelback Road, 4th Floor, Phoenix, AZ, USA, 85016

Website

https://www.colecapital.com

CIM Real Estate Finance Trust Inc is a real estate investment trust. The company invests in commercial real estate investments consisting of necessity retail properties located throughout the United States. The company operates a diversified portfolio of core commercial real estate consisting of net leased properties located throughout the United States and short-duration senior secured loans and other credit investments.

Executives

Jason K Schreiber	director	263 NINTH AVENUE APARTMENT 9B, NEW YORK NY 10001
Krol Emily Vande	director	30003 N. 68TH STREET, SCOTTSDALE AZ 85266
Roger Snell	director	2325 E CAMELBACK RD, SUITE 1100, PHOENIX AZ 85016
Stephen O Evans	director	5825 EAST STARLIGHT WAY, PARADISE VALLEY AZ 85253
Gary Robert A Iv	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Calvin E Hollis	director	2325 E. CAMELBACK ROAD, 10TH FLOOR, PHOENIX AZ 85016
Marcus E Bromley	director
Howard A Silver	director	999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Elaine Y Wong	director	4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Avraham Shemesh	director	C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
W Brian Kretzmer	director	26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Richard S Ressler	director, officer: CEO & President	C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Smith Jeffrey Randall Jr	officer: See Remarks	COLE CAPITAL, 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Nathan David Debacker	officer: See Remarks	2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Glenn J Rufrano	director	C/O NEW PLAN EXCEL REALTY TRUST, INC., 1120 AVENUE OF THE AMERICAS, SUITE 1200, NEW YORK NY 10036

CIM Real Estate Finance Trust (CIM Real Estate Finance Trust) Headlines

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