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Eaton Vance Tax-mangd Glo Buy-write Oppo (Eaton Vance Tax-mangd Glo Buy-write Oppo) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Eaton Vance Tax-mangd Glo Buy-write Oppo 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. Eaton Vance Tax-mangd Glo Buy-write Oppo's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Eaton Vance Tax-mangd Glo Buy-write Oppo could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt or its related term are showing as below:

ETW' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 7 years, Eaton Vance Tax-mangd Glo Buy-write Oppo's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ETW's Cash-to-Debt is ranked better than
99.93% of 1468 companies
in the Asset Management industry
Industry Median: 5.66 vs ETW: No Debt

Eaton Vance Tax-mangd Glo Buy-write Oppo Cash-to-Debt Historical Data

The historical data trend for Eaton Vance Tax-mangd Glo Buy-write Oppo'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.

Eaton Vance Tax-mangd Glo Buy-write Oppo Cash-to-Debt Chart

Eaton Vance Tax-mangd Glo Buy-write Oppo Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Eaton Vance Tax-mangd Glo Buy-write Oppo Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt

For the Asset Management subindustry, Eaton Vance Tax-mangd Glo Buy-write Oppo'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.

Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt falls into.


Eaton Vance Tax-mangd Glo Buy-write Oppo 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.

Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Eaton Vance Tax-mangd Glo Buy-write Oppo had no debt (1).

Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Eaton Vance Tax-mangd Glo Buy-write Oppo had no debt (1).

* 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.

Eaton Vance Tax-mangd Glo Buy-write Oppo  (NYSE:ETW) 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.

Eaton Vance Tax-mangd Glo Buy-write Oppo Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Eaton Vance Tax-mangd Glo Buy-write Oppo's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Eaton Vance Tax-mangd Glo Buy-write Oppo (Eaton Vance Tax-mangd Glo Buy-write Oppo) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Tax-mangd Glo Buy-write Oppo (NYSE:ETW) » Definitions » Cash-to-Debt
Comparable Companies
SLRC NRK RNP CII CHI AWF AOD BCX NOAH CHY BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Two International Place, Suite 1400, Boston, MA, USA, 02110
Website
https://www.eatonvance.com
Eaton Vance Tax-mangd Glo Buy-write Oppo is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. The fund invests in a diversified portfolio of common stocks and writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio to generate current earnings from the option premium. Its portfolio of investments consists of the capital markets, chemicals, banks, biotechnology, media, and other sectors.
Executives
Charles Gaffney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Douglas R Rogers other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
George R. Nelson other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110