Sequoia Economic Infrastructureome Fund (LSE:SEQI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Sequoia Economic Infrastructureome 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. Sequoia Economic Infrastructureome 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, Sequoia Economic Infrastructureome 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 Sequoia Economic Infrastructureome Fund's Cash-to-Debt or its related term are showing as below:

LSE:SEQI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.28 Max: No Debt
Current: 0.12

During the past 8 years, Sequoia Economic Infrastructureome Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.28.

LSE:SEQI's Cash-to-Debt is ranked worse than
81.9% of 1470 companies
in the Asset Management industry
Industry Median: 6 vs LSE:SEQI: 0.12

Sequoia Economic Infrastructureome Fund Cash-to-Debt Historical Data

The historical data trend for Sequoia Economic Infrastructureome 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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Sequoia Economic Infrastructureome Fund Cash-to-Debt Chart

Sequoia Economic Infrastructureome Fund Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.24

0.37

0.24

0.07

0.04

Sequoia Economic Infrastructureome Fund Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial											0.13	0.07	0.04	0.04	No Debt

Competitive Comparison of Sequoia Economic Infrastructureome Fund's Cash-to-Debt

For the Asset Management subindustry, Sequoia Economic Infrastructureome 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.

Sequoia Economic Infrastructureome Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sequoia Economic Infrastructureome Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Sequoia Economic Infrastructureome Fund's Cash-to-Debt falls into.

Sequoia Economic Infrastructureome 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.

Sequoia Economic Infrastructureome Fund's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	7.363	/	(0	+	181.789)
	=	0.04

Sequoia Economic Infrastructureome Fund's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Sequoia Economic Infrastructureome Fund had no debt ⁽¹⁾.

Sequoia Economic Infrastructureome Fund (LSE:SEQI) 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.

Sequoia Economic Infrastructureome Fund Cash-to-Debt Related Terms

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

Sequoia Economic Infrastructureome Fund (LSE:SEQI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sequoia Economic Infrastructure Income Fund Ltd (LSE:SEQI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SEQIl:UK

Address

1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL

Website

https://www.seqifund.com

Sequoia Economic Infrastructure Income Fund Ltd is a close-ended fund. The company seeks to provide investors with regular, and long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments. It invests in various sectors such as transport, transportation equipment, utilities, power, renewable energy, accommodation, and telecommunications infrastructure.

Sequoia Economic Infrastructureome Fund (LSE:SEQI) Headlines

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Sequoia Economic Infrastructureome Fund (LSE:SEQI) Cash-to-Debt : No Debt (1) (As of Sep. 2023)