Cairn Homes (LSE:CRN) Cash-to-Debt : 0.14 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Cairn Homes 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. Cairn Homes's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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, Cairn Homes couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:CRN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.27 Max: 0.38
Current: 0.14

During the past 9 years, Cairn Homes's highest Cash to Debt Ratio was 0.38. The lowest was 0.10. And the median was 0.27.

LSE:CRN's Cash-to-Debt is ranked worse than
79.41% of 102 companies
in the Homebuilding & Construction industry
Industry Median: 0.465 vs LSE:CRN: 0.14

Cairn Homes Cash-to-Debt Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Cash-to-Debt Chart

Cairn Homes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.38

0.17

0.27

0.12

0.14

Cairn Homes Semi-Annual Data
	Jun15	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												0.27	0.14	0.12	0.26	0.14

Competitive Comparison of Cairn Homes's Cash-to-Debt

For the Residential Construction subindustry, Cairn Homes'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.

Cairn Homes's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cairn Homes's Cash-to-Debt distribution charts can be found below:

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

Cairn Homes 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.

Cairn Homes'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)
	=	22.014	/	(13.723	+	141.568)
	=	0.14

Cairn Homes'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)
	=	22.014	/	(13.723	+	141.568)
	=	0.14

Cairn Homes (LSE:CRN) 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.

Cairn Homes Cash-to-Debt Related Terms

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

Cairn Homes (LSE:CRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Cairn Homes PLC (LSE:CRN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

C5H:Ireland CRNl:UK C5H:Germany

Address

45 Mespil Road, Dublin, IRL, D04 W2F1

Website

https://www.cairnhomes.com

Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential property drive most company revenues.

Cairn Homes (LSE:CRN) Headlines

No Headlines