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Western Asset Managed Municipals Fd (Western Asset Managed Municipals Fd) Cash-to-Debt : 0.00 (As of Nov. 2023)


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What is Western Asset Managed Municipals Fd 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. Western Asset Managed Municipals Fd's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.00.

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, Western Asset Managed Municipals Fd couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for Western Asset Managed Municipals Fd's Cash-to-Debt or its related term are showing as below:

During the past 6 years, Western Asset Managed Municipals Fd's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 5000.00.

MMU's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.445
* Ranked among companies with meaningful Cash-to-Debt only.

Western Asset Managed Municipals Fd Cash-to-Debt Historical Data

The historical data trend for Western Asset Managed Municipals Fd'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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Western Asset Managed Municipals Fd Cash-to-Debt Chart

Western Asset Managed Municipals Fd Annual Data
Trend May18 May19 May20 May21 May22 May23
Cash-to-Debt
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Western Asset Managed Municipals Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Western Asset Managed Municipals Fd's Cash-to-Debt

For the Asset Management subindustry, Western Asset Managed Municipals Fd'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.


Western Asset Managed Municipals Fd's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Managed Municipals Fd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Western Asset Managed Municipals Fd's Cash-to-Debt falls into.



Western Asset Managed Municipals Fd 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.

Western Asset Managed Municipals Fd's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:

Western Asset Managed Municipals Fd's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

* 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.


Western Asset Managed Municipals Fd  (NYSE:MMU) 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.


Western Asset Managed Municipals Fd Cash-to-Debt Related Terms

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


Western Asset Managed Municipals Fd (Western Asset Managed Municipals Fd) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Managed Municipals Fd Inc is a non-diversified, closed-end management investment company. The fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. Its product includes Mutual Funds, Exchange-traded funds, Money Market Funds, Variable Investments, and others. The company serves individual and institutional investors.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Robert D Agdern director C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611