Real Matters (TSX:REAL) Cash-to-Debt : 12.14 (As of Mar. 2024)

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What is Real Matters 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 Matters's cash to debt ratio for the quarter that ended in Mar. 2024 was 12.14.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Real Matters could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSX:REAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.11 Med: 12.09 Max: 7300.85
Current: 12.14

During the past 10 years, Real Matters's highest Cash to Debt Ratio was 7300.85. The lowest was 1.11. And the median was 12.09.

TSX:REAL's Cash-to-Debt is ranked better than
86.2% of 1790 companies
in the Real Estate industry
Industry Median: 0.26 vs TSX:REAL: 12.14

Real Matters Cash-to-Debt Historical Data

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

Real Matters Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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7,300.85

16.34

7.49

7.87

10.32

Real Matters Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															8.02	9.49	10.32	12.46	12.14

Competitive Comparison of Real Matters's Cash-to-Debt

For the Real Estate Services subindustry, Real Matters'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 Matters's Cash-to-Debt Distribution in the Real Estate Industry

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

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

Real Matters 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 Matters's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	57.292	/	(2.26	+	3.292)
	=	10.32

Real Matters's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	60.065	/	(1.849	+	3.097)
	=	12.14

Real Matters (TSX:REAL) 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 Matters Cash-to-Debt Related Terms

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

Real Matters (TSX:REAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (TSX:REAL) » Definitions » Cash-to-Debt

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RLLMF:USA

Address

50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8

Website

https://www.realmatters.com

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.