Real Estate Investors (LSE:RLE) Cash-to-Debt : 0.15 (As of Dec. 2023)

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What is Real Estate Investors 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. Real Estate Investors's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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

LSE:RLE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.2
Current: 0.15

During the past 13 years, Real Estate Investors's highest Cash to Debt Ratio was 0.20. The lowest was 0.04. And the median was 0.11.

LSE:RLE's Cash-to-Debt is ranked better than
65.04% of 801 companies
in the REITs industry
Industry Median: 0.08 vs LSE:RLE: 0.15

Real Estate Investors Cash-to-Debt Historical Data

The historical data trend for Real Estate Investors'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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Real Estate Investors Cash-to-Debt Chart

Real Estate Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.04

0.11

0.15

Real Estate Investors Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.10	0.11	0.12	0.15

Competitive Comparison of Real Estate Investors's Cash-to-Debt

For the REIT - Diversified subindustry, Real Estate Investors'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.

Real Estate Investors's Cash-to-Debt Distribution in the REITs Industry

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

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

Real Estate Investors 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.

Real Estate Investors'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)
	=	7.981	/	(54.407	+	0)
	=	0.15

Real Estate Investors'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)
	=	7.981	/	(54.407	+	0)
	=	0.15

Real Estate Investors (LSE:RLE) 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.

Real Estate Investors Cash-to-Debt Related Terms

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

Real Estate Investors (LSE:RLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Real Estate Investors PLC (LSE:RLE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RLE.GB:UK

Address

75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP

Website

https://www.reiplc.com

Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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