Ladder Capital (Ladder Capital) Cash-to-Debt : 0.38 (As of Mar. 2024)

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What is Ladder Capital 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. Ladder Capital's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.38.

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, Ladder Capital 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 Ladder Capital's Cash-to-Debt or its related term are showing as below:

LADR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.41
Current: 0.38

During the past 13 years, Ladder Capital's highest Cash to Debt Ratio was 0.41. The lowest was 0.01. And the median was 0.04.

LADR's Cash-to-Debt is ranked better than
72.82% of 802 companies
in the REITs industry
Industry Median: 0.08 vs LADR: 0.38

Ladder Capital Cash-to-Debt Historical Data

The historical data trend for Ladder Capital'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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Ladder Capital Cash-to-Debt Chart

Ladder Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.37

0.15

0.18

0.32

Ladder Capital 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															0.19	0.24	0.25	0.32	0.38

Competitive Comparison of Ladder Capital's Cash-to-Debt

For the REIT - Mortgage subindustry, Ladder Capital'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.

Ladder Capital's Cash-to-Debt Distribution in the REITs Industry

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

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

Ladder Capital Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Ladder Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1015.678	/	(0	+	3177.339)
	=	0.32

Ladder Capital's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1220.217	/	(0	+	3178.148)
	=	0.38

Ladder Capital (NYSE:LADR) 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.

Ladder Capital Cash-to-Debt Related Terms

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

Ladder Capital (Ladder Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ladder Capital Corp (NYSE:LADR) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

LD1A:Germany

Address

320 Park Avenue, 15th Floor, New York, NY, USA, 10154

Website

https://www.laddercapital.com

Ladder Capital Corp is an internally-managed real estate investment trust that is in commercial real estate finance. The company originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. The company's investment activities include: (i) Primary business of originating senior first mortgage fixed and floating rate loans collateralized by commercial real estate with flexible loan structures; (ii) owning and operating commercial real estate, including net leased commercial properties; and (iii) investing in investment-grade securities secured by first mortgage loans on commercial real estate.

Executives

Paul J. Miceli	officer: Chief Financial Officer	C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Anthony Vincent Esposito	officer: Chief Accounting Officer	C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Pamela Mccormack	officer: Chief Strategy Officer & GC	345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Brian Harris	director, officer: Chief Executive Officer	600 LEXINGTON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Kelly Amanda Porcella	officer: General Counsel	C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Kevin Moclair	officer: Chief Accounting Officer	345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Robert Perelman	officer: Head of Asset Management	345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Marc Fox	officer: Chief Financial Officer	345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10054
Mark David Alexander	director	C/O LADDER CAPITAL CORP, 345 PARK AVENUE, NEW YORK NY 10154
David Alan Weiner	director	C/O LADDER CAPITAL CORP, 345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Jeffrey B Steiner	director	15 WEST 63RD STREET, NEW YORK NY 10023
Thomas Harney	officer: Head-Merchant Banking & Cap Mk	345 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10154
Alan H Fishman	director, Chairman	ONE METROTECH CENTER, BROOKLYN NY 11201
Gi Partners Fund Iii Lp	director, 10 percent owner	2180 SAND HILL ROAD, SUITE 210, MENLO PARK CA 94025
Towerbrook Investor Ii Executive Fund L P	10 percent owner	430 PARK AVE 6TH FL, NEW YORK NY 10022