Essential Properties Realty Trust (Essential Properties Realty Trust) Cash-to-Debt : 0.05 (As of Mar. 2024)

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What is Essential Properties Realty 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. Essential Properties Realty Trust's cash to debt ratio for the quarter that ended in Mar. 2024 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, Essential Properties Realty 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 Essential Properties Realty Trust's Cash-to-Debt or its related term are showing as below:

EPRT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.25
Current: 0.05

During the past 8 years, Essential Properties Realty Trust's highest Cash to Debt Ratio was 0.25. The lowest was 0.00. And the median was 0.04.

EPRT's Cash-to-Debt is ranked worse than
62.34% of 802 companies
in the REITs industry
Industry Median: 0.09 vs EPRT: 0.05

Essential Properties Realty Trust Cash-to-Debt Historical Data

The historical data trend for Essential Properties Realty 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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Essential Properties Realty Trust Cash-to-Debt Chart

Essential Properties Realty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.03

0.05

0.04

0.02

Essential Properties Realty Trust 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															0.05	0.01	0.02	0.02	0.05

Competitive Comparison of Essential Properties Realty Trust's Cash-to-Debt

For the REIT - Diversified subindustry, Essential Properties Realty 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.

Essential Properties Realty Trust's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Essential Properties Realty Trust's Cash-to-Debt falls into.

Essential Properties Realty 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.

Essential Properties Realty 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)
	=	39.807	/	(11.206	+	1668.618)
	=	0.02

Essential Properties Realty 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)
	=	79.161	/	(10.936	+	1669.35)
	=	0.05

Essential Properties Realty Trust (NYSE:EPRT) 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.

Essential Properties Realty Trust Cash-to-Debt Related Terms

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

Essential Properties Realty Trust (Essential Properties Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essential Properties Realty Trust Inc (NYSE:EPRT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2OU:Germany

Address

902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540

Website

https://essentialproperties.com

Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.

Executives

Peter M. Mavoides	director, officer: President and CEO	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Mark E Patten	officer: Executive VP and CFO	PO BOX 10809, DAYTONA BEACH FL 32120
Timothy J Earnshaw	officer: SVP & Chief Accounting Officer	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Gregg A Seibert	officer: Executive VP and COO	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Lawrence J Minich	director	5760 N. CALLE DE LOS CAMARONES, TUSCON AZ 85718
Stephen D Sautel	director	C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Scott A Estes	director	WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Anthony K. Dobkin	director	195 BOWERY, 6TH FLOOR, NEW YORK NY 10002
Heather Leed Neary	director	973 BUCKWALTER ROAD, LITITZ PA 17543
Paul T Bossidy	director	3135 EASTON TURNPIKE, FAIRFIELD CT 06828
Janaki Sivanesan	director	575 MADISON AVENUE, NEW YORK NY 10022
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Todd L Boehly	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Eprt Holdings, Llc	10 percent owner	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Daniel P Donlan	officer: Senior VP - Capital Markets	2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201