Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Cash-to-Debt : 0.00 (As of Apr. 2018)

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What is Advent Claymore Convertible Securities &ome Fu 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. Advent Claymore Convertible Securities &ome Fu's cash to debt ratio for the quarter that ended in Apr. 2018 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, Advent Claymore Convertible Securities &ome Fu couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2018.

The historical rank and industry rank for Advent Claymore Convertible Securities &ome Fu's Cash-to-Debt or its related term are showing as below:

AGC's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.72
* Ranked among companies with meaningful Cash-to-Debt only.

Advent Claymore Convertible Securities &ome Fu Cash-to-Debt Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu'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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Advent Claymore Convertible Securities &ome Fu Cash-to-Debt Chart

Advent Claymore Convertible Securities &ome Fu Annual Data

Trend

Oct17

Cash-to-Debt

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
	Oct17	Apr18
Cash-to-Debt	-	-

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Cash-to-Debt

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu'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.

Advent Claymore Convertible Securities &ome Fu's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Cash-to-Debt falls into.

Advent Claymore Convertible Securities &ome Fu 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.

Advent Claymore Convertible Securities &ome Fu's Cash to Debt Ratio for the fiscal year that ended in Oct. 2017 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)
	=	0.007	/	(0	+	80.007)
	=	0.00

Advent Claymore Convertible Securities &ome Fu's Cash to Debt Ratio for the quarter that ended in Apr. 2018 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)
	=	0.102	/	(0	+	70.228)
	=	0.00

Advent Claymore Convertible Securities &ome Fu (NYSE:AGC) 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.

Advent Claymore Convertible Securities &ome Fu Cash-to-Debt Related Terms

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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent Claymore Convertible Securities & Income Fu (NYSE:AGC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.guggenheiminvestments.com

Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.

Executives

Advent Capital Management /de/	other: Investment Manager	888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland	director, officer: Chairman, President & CEO, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang	officer: V.P. & Assistant Secretary	227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black	director, other: Trustee	C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica	other: Portfolio Manager	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson	other: Portfolio Manager	2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko	other: Managing Director	1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc	10 percent owner	388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036