Regis Healthcare (ASX:REG) Cash-to-Debt : 1.18 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Regis Healthcare 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. Regis Healthcare's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.18.

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, Regis Healthcare could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:REG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.14 Max: No Debt
Current: 1.18

During the past 9 years, Regis Healthcare's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.14.

ASX:REG's Cash-to-Debt is ranked better than
60.09% of 664 companies
in the Healthcare Providers & Services industry
Industry Median: 0.68 vs ASX:REG: 1.18

Regis Healthcare Cash-to-Debt Historical Data

The historical data trend for Regis Healthcare'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.

* Premium members only.

Regis Healthcare Cash-to-Debt Chart

Regis Healthcare Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.03

0.04

0.86

Regis Healthcare Semi-Annual Data
	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														0.39	0.04	0.35	0.86	1.18

Competitive Comparison of Regis Healthcare's Cash-to-Debt

For the Medical Care Facilities subindustry, Regis Healthcare'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.

Regis Healthcare's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Regis Healthcare's Cash-to-Debt distribution charts can be found below:

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

Regis Healthcare 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.

Regis Healthcare'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)
	=	61.32	/	(0.79	+	70.28)
	=	0.86

Regis Healthcare'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)
	=	86.593	/	(0.819	+	72.531)
	=	1.18

Regis Healthcare (ASX:REG) 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.

Regis Healthcare Cash-to-Debt Related Terms

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

Regis Healthcare (ASX:REG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Regis Healthcare Ltd (ASX:REG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

293 Camberwell Road, Level 2, Melbourne, VIC, AUS, 3124

Website

https://www.regis.com.au

Regis Healthcare Ltd provides residential care for the elderly in Australia, including respite, dementia-specific, and palliative care. The Company's principal activity is the provision of residential aged care services The firm's facilities are primarily located in metropolitan areas and a majority of its rooms offered are single bedrooms. The majority of Regis' revenue comes from government funding due to the highly regulated environment for aged care facilities in Australia, though the firm also receives resident fees.