Medalist Diversified REIT (Medalist Diversified REIT) Cash-to-Debt : 0.07 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Medalist Diversified REIT 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. Medalist Diversified REIT's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Medalist Diversified REIT 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 Medalist Diversified REIT's Cash-to-Debt or its related term are showing as below:

MDRR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.27
Current: 0.07

During the past 8 years, Medalist Diversified REIT's highest Cash to Debt Ratio was 0.27. The lowest was 0.01. And the median was 0.05.

MDRR's Cash-to-Debt is ranked worse than
51.94% of 799 companies
in the REITs industry
Industry Median: 0.08 vs MDRR: 0.07

Medalist Diversified REIT Cash-to-Debt Historical Data

The historical data trend for Medalist Diversified REIT'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.

Medalist Diversified REIT Cash-to-Debt Chart

Medalist Diversified REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.06

0.08

0.06

0.04

Medalist Diversified REIT 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	0.05	0.05	0.04	0.07

Competitive Comparison of Medalist Diversified REIT's Cash-to-Debt

For the REIT - Diversified subindustry, Medalist Diversified REIT'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.

Medalist Diversified REIT's Cash-to-Debt Distribution in the REITs Industry

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

* The bar in red indicates where Medalist Diversified REIT's Cash-to-Debt falls into.

Medalist Diversified REIT 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.

Medalist Diversified REIT'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)
	=	2.235	/	(1	+	50.773)
	=	0.04

Medalist Diversified REIT'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)
	=	3.637	/	(0	+	50.595)
	=	0.07

Medalist Diversified REIT (NAS:MDRR) 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.

Medalist Diversified REIT Cash-to-Debt Related Terms

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

Medalist Diversified REIT (Medalist Diversified REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Medalist Diversified REIT Inc (NAS:MDRR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MDRRP.PFD:USA

Address

1051 E. Cary Street, Suite 601, James Center Three, Richmond, VA, USA, 23219

Website

https://www.medalistreit.com

Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.

Executives

Emanuel D Neuman	director	C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHAMOND VA 23226
Benjamin Ore	other: Senior Accountant	12215 HAMPTON VALLEY TURN, CHESTERFIELD VA 23832
David Lunin	director	C/O MEDALIST DIVERSIFIED REIT, INC., PO BOX 8436, RICHMOND VA 23226
Timothy Patrick O'brien	director	7504 HACKAMORE DRIVE, POTOMAC MD 20854
Frank Kavanaugh	director, 10 percent owner	3419 VIA LIDO, SUITE 470, NEWPORT BEACH CA 92663
Winn Charles Brent Jr.	officer: Chief Financial Officer	9601 CRAGMONT DRIVE, RICHMOND VA 23229
Elliott Colin	other: Vice President	2915 MONUMENT AVE., RICHMOND VA 23221
Alfred Lee Finley	10 percent owner	2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Thomas E Messier	director, officer: See Remarks	11 S. 12TH STREET, SUITE 401, RICHMOND VA 23219
Alf Operating Partners, Ltd.	10 percent owner	2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Susan Finley	10 percent owner	2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Alf Acquisitions Company, Llc	10 percent owner	2800 GOLDEN TRIANGLE BLVD, FORT WORTH TX 76177
Neil P Farmer	director	7 SHADOW LANE, RICHMOND VA 23229
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Dianna Raedle	director	240 CENTRAL PARK SOUTH, APT 6B, NEW YORK NY 10019