Gore Street Energy Storage Fund (LSE:GSF) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Gore Street Energy Storage Fund 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. Gore Street Energy Storage Fund's cash to debt ratio for the quarter that ended in Sep. 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, Gore Street Energy Storage Fund could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Gore Street Energy Storage Fund's Cash-to-Debt or its related term are showing as below:

LSE:GSF' 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 5 years, Gore Street Energy Storage Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:GSF's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs LSE:GSF: No Debt

Gore Street Energy Storage Fund Cash-to-Debt Historical Data

The historical data trend for Gore Street Energy Storage Fund'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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Gore Street Energy Storage Fund Cash-to-Debt Chart

Gore Street Energy Storage Fund Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

Gore Street Energy Storage Fund Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Gore Street Energy Storage Fund's Cash-to-Debt

For the Asset Management subindustry, Gore Street Energy Storage Fund'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.

Gore Street Energy Storage Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gore Street Energy Storage Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gore Street Energy Storage Fund's Cash-to-Debt falls into.

Gore Street Energy Storage Fund 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.

Gore Street Energy Storage Fund's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Gore Street Energy Storage Fund had no debt ⁽¹⁾.

Gore Street Energy Storage Fund's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Gore Street Energy Storage Fund had no debt ⁽¹⁾.

Gore Street Energy Storage Fund (LSE:GSF) 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.

Gore Street Energy Storage Fund Cash-to-Debt Related Terms

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

Gore Street Energy Storage Fund (LSE:GSF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gore Street Energy Storage Fund PLC (LSE:GSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GSFl:UK

Address

16-17 Little Portland Street, First Floor, London, GBR, W1W 8BP

Website

https://www.gsenergystoragefund.com

Gore Street Energy Storage Fund PLC is a closed-ended investment company. The company's objective is to provide investors with a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility-scale energy storage projects primarily located in the United Kingdom.

Gore Street Energy Storage Fund (LSE:GSF) Headlines

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Gore Street Energy Storage Fund (LSE:GSF) Cash-to-Debt : No Debt (1) (As of Sep. 2023)