Lead Real Estate Co (Lead Real Estate Co) Cash-to-Debt : 0.05 (As of Dec. 2023)

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What is Lead Real Estate 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. Lead Real Estate Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.05.

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, Lead Real Estate Co 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 Lead Real Estate Co's Cash-to-Debt or its related term are showing as below:

LRE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.08
Current: 0.05

During the past 4 years, Lead Real Estate Co's highest Cash to Debt Ratio was 0.08. The lowest was 0.04. And the median was 0.05.

LRE's Cash-to-Debt is ranked worse than
80.66% of 1789 companies
in the Real Estate industry
Industry Median: 0.25 vs LRE: 0.05

Lead Real Estate Co Cash-to-Debt Historical Data

The historical data trend for Lead Real Estate 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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Lead Real Estate Co Cash-to-Debt Chart

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.05

0.08

0.05

0.07

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.04	0.05	0.04	0.07	0.05

Competitive Comparison of Lead Real Estate Co's Cash-to-Debt

For the Real Estate - Development subindustry, Lead Real Estate 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.

Lead Real Estate Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lead Real Estate Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lead Real Estate Co's Cash-to-Debt falls into.

Lead Real Estate 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.

Lead Real Estate Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	5.563	/	(42.36	+	39.794)
	=	0.07

Lead Real Estate Co'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)
	=	4.299	/	(48.632	+	37.481)
	=	0.05

Lead Real Estate Co (NAS:LRE) 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.

Lead Real Estate Co Cash-to-Debt Related Terms

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

Lead Real Estate Co (Lead Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

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