Uniti Group (Uniti Group) Cash-to-Debt : 0.01 (As of Dec. 2023)

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

What is Uniti Group 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. Uniti Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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

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

During the past 12 years, Uniti Group's highest Cash to Debt Ratio was 0.04. The lowest was 0.01. And the median was 0.01.

UNIT's Cash-to-Debt is ranked worse than
89.26% of 801 companies
in the REITs industry
Industry Median: 0.09 vs UNIT: 0.01

Uniti Group Cash-to-Debt Historical Data

The historical data trend for Uniti Group'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.

Uniti Group Cash-to-Debt Chart

Uniti Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

0.01

Uniti Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Uniti Group's Cash-to-Debt

For the REIT - Specialty subindustry, Uniti Group'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.

Uniti Group's Cash-to-Debt Distribution in the REITs Industry

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

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

Uniti Group 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.

Uniti Group'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)
	=	62.264	/	(0	+	5626.094)
	=	0.01

Uniti Group'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)
	=	62.264	/	(0	+	5626.094)
	=	0.01

Uniti Group (NAS:UNIT) 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.

Uniti Group Cash-to-Debt Related Terms

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

Uniti Group (Uniti Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Uniti Group Inc (NAS:UNIT) » Definitions » Cash-to-Debt

Comparable Companies

FPI LAND OUT NLCP AFCG HASI CORR PW EPR PCH AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN

Traded in Other Exchanges

8XC:Germany 8XC:Germany

Address

2101 Riverfront Drive, Suite A, Little Rock, AR, USA, 72202

Website

https://www.uniti.com

Uniti is a REIT with about 135,000 route miles of fiber in the U.S., primarily in the Southeast. Uniti reports its business in two segments: leasing and fiber. Leasing currently makes up about 75% of total revenue and consists mostly of Uniti's master lease agreement with Windstream. Uniti was spun out of Windstream in 2015 with a substantial portion of Windstream's network assets, and it immediately leased the entire portfolio back for Windstream's exclusive use. Other leasing revenue stems from sale-leaseback transactions with other fiber holders. Uniti generates fiber revenue by leasing dark and lit fiber to wireless carriers and other enterprises.

Executives

Kenny Gunderman	director, officer: See Remarks	C/O AMERICA'S CAR-MART, INC., 802 SE PLAZA AVE, SUITE 200, BENTONVILLE AR 72712
Michael Friloux	officer: EVP - Chief Technology Officer	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Paul Bullington	officer: Interim CFO and PFO	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Travis Black	officer: Interim PAO	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Carmen Perez-carlton	director	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
David L Solomon	director	5847 SAN FELIPE SUITE 320, HOUSTON TX 77057
Blake Schuhmacher	officer: Principal Accounting Officer	10802 EXECUTIVE CENTER DRIVE, BENTON BUILDING, SUITE 300, LITTLE ROCK AR 72211
Daniel L Heard	officer: See Remarks	2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Ronald J. Mudry	officer: EVP-Pres of Fiber Operations	10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Andrew Frey	director	10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Scott G. Bruce	director	10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Windstream Holdings, Inc.	10 percent owner	4001 RODNEY PARHAM RD., LITTLE ROCK AR 72212
Windstream Services, Llc	10 percent owner	4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Jennifer S Banner	director	214N TRYON STREET, CHARLOTTE NC 28202
Francis X Frantz	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202