Riverstone Credit Opportunitiesome (LSE:RCOI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Riverstone Credit Opportunitiesome 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. Riverstone Credit Opportunitiesome'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, Riverstone Credit Opportunitiesome 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 Riverstone Credit Opportunitiesome's Cash-to-Debt or its related term are showing as below:

LSE:RCOI' 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, Riverstone Credit Opportunitiesome's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:RCOI's Cash-to-Debt is ranked better than
99.93% of 1466 companies
in the Asset Management industry
Industry Median: 5.89 vs LSE:RCOI: No Debt

Riverstone Credit Opportunitiesome Cash-to-Debt Historical Data

The historical data trend for Riverstone Credit Opportunitiesome'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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Riverstone Credit Opportunitiesome Cash-to-Debt Chart

Riverstone Credit Opportunitiesome Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

Riverstone Credit Opportunitiesome Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Riverstone Credit Opportunitiesome's Cash-to-Debt

For the Asset Management subindustry, Riverstone Credit Opportunitiesome'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.

Riverstone Credit Opportunitiesome's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Riverstone Credit Opportunitiesome's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Riverstone Credit Opportunitiesome's Cash-to-Debt falls into.

Riverstone Credit Opportunitiesome 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.

Riverstone Credit Opportunitiesome's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Riverstone Credit Opportunitiesome had no debt ⁽¹⁾.

Riverstone Credit Opportunitiesome's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Riverstone Credit Opportunitiesome had no debt ⁽¹⁾.

Riverstone Credit Opportunitiesome (LSE:RCOI) 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.

Riverstone Credit Opportunitiesome Cash-to-Debt Related Terms

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

Riverstone Credit Opportunitiesome (LSE:RCOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Riverstone Credit Opportunities Income PLC (LSE:RCOI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.riverstonecoi.com

Riverstone Credit Opportunities Income PLC is a United Kingdom based closed-ended investment company. The company seeks to generate consistent shareholder returns in the form of income distributions by making senior secured loans to energy-related companies.

Riverstone Credit Opportunitiesome (LSE:RCOI) Headlines

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Riverstone Credit Opportunitiesome (LSE:RCOI) Cash-to-Debt : No Debt (1) (As of Dec. 2023)