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Bluerock Homes Trust (Bluerock Homes Trust) Cash-to-Debt : 0.41 (As of Mar. 2024)


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What is Bluerock Homes 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. Bluerock Homes Trust's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.41.

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, Bluerock Homes Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BHM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 2.05
Current: 0.41

During the past 4 years, Bluerock Homes Trust's highest Cash to Debt Ratio was 2.05. The lowest was 0.40. And the median was 0.52.

BHM's Cash-to-Debt is ranked better than
73.22% of 799 companies
in the REITs industry
Industry Median: 0.08 vs BHM: 0.41

Bluerock Homes Trust Cash-to-Debt Historical Data

The historical data trend for Bluerock Homes 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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Bluerock Homes Trust Cash-to-Debt Chart

Bluerock Homes Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.91 2.05 0.51 0.48

Bluerock Homes Trust Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.48 0.54 0.48 0.41

Competitive Comparison of Bluerock Homes Trust's Cash-to-Debt

For the REIT - Residential subindustry, Bluerock Homes 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.

Bluerock Homes Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Bluerock Homes Trust's Cash-to-Debt falls into.


Bluerock Homes 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.

Bluerock Homes 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)
=80.163 / (70 + 96.67)
=0.48

Bluerock Homes Trust'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)
=92.251 / (105 + 120.201)
=0.41

* 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.

Bluerock Homes Trust  (AMEX:BHM) 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.

Bluerock Homes Trust Cash-to-Debt Related Terms

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Bluerock Homes Trust (Bluerock Homes Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Bluerock Homes Trust Inc (AMEX:BHM) » Definitions » Cash-to-Debt
Comparable Companies
CLPR FREVS AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT TSX:CAR.UN AIRC TSE:3269 IRT TSX:BEI.UN TSE:8986 TSE:3278 XPAR:ALTA
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 32nd Floor, New York, NY, USA, 10105
Website
https://bluerock.com/bluerock-homes-trust/
Bluerock Homes Trust Inc owns and operates single-family properties that generate rental and other property-related income through the leasing of units to a diverse base of tenants. The properties are located in Sunbelt and the Western United States.
Executives
Christopher J. Vohs officer: CFO and Treasurer 27777 FRANKLIN RD SUITE 900, SOUTHFIELD MI 48034
Par Olof Sanda 10 percent owner 624 RIVIERA ISLE DRIVE, FORT LAUDERDALE FL 33301
Sand Capital Associates Llc 10 percent owner 501 N BIRCH RD, UNIT 3, FORT LAUDERDALE FL 33304
Romano Tio director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Babb James G. Iii officer: Chief Strategy Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ryan S Macdonald officer: Chief Investment Officer 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10012
Michael Difranco officer: Executive VP, Operations 712 FIFTH AVENUE, SUITE 900, NEW YORK NY 10019
Kamal Jafarnia director 7201 REGENCY COURT, PLANO TX 75024
Elizabeth Scott Harrison director 390 WEST END AVENUE, APARTMENT 3F, NEW YORK NY 10024
I. Bobby Majumder director 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Ramin Kamfar officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 32 FLOOR, NEW YORK NY 10105
Jordan B. Ruddy director, officer: President 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105
Bluerock Residential Growth Reit, Inc. 10 percent owner 712 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Jason Emala officer: See Remarks 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105