Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2017)

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What is Aberdeen Latin America Equity 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. Aberdeen Latin America Equity Fund's cash to debt ratio for the quarter that ended in Jun. 2017 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, Aberdeen Latin America Equity Fund could pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

(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 Aberdeen Latin America Equity Fund's Cash-to-Debt or its related term are showing as below:

LAQ' 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 8 years, Aberdeen Latin America Equity Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LAQ's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.5 vs LAQ: No Debt

Aberdeen Latin America Equity Fund Cash-to-Debt Historical Data

The historical data trend for Aberdeen Latin America Equity 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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Aberdeen Latin America Equity Fund Cash-to-Debt Chart

Aberdeen Latin America Equity Fund Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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No Debt

N/A

Aberdeen Latin America Equity Fund Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Cash-to-Debt	Get a 7-Day Free Trial											N/A	No Debt	N/A	No Debt	N/A

Competitive Comparison of Aberdeen Latin America Equity Fund's Cash-to-Debt

For the Asset Management subindustry, Aberdeen Latin America Equity 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.

Aberdeen Latin America Equity Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Latin America Equity Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aberdeen Latin America Equity Fund's Cash-to-Debt falls into.

Aberdeen Latin America Equity 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.

Aberdeen Latin America Equity Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Aberdeen Latin America Equity Fund's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

Aberdeen Latin America Equity Fund had no debt ⁽¹⁾.

Aberdeen Latin America Equity Fund (AMEX:LAQ) 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.

Aberdeen Latin America Equity Fund Cash-to-Debt Related Terms

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

Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aberdeen Latin America Equity Fund Inc (AMEX:LAQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1735 Market Street, 32nd Floor, Philadelphia, PA, USA, 19103

Website

http://www.aberdeench.com

Aberdeen Latin America Equity Fund Inc is a closed-end investment company. Its investment objective is to seek long-term capital appreciation by investing in Latin American equity securities. The fund invests in various sectors, including financials, consumer staples, industrials, materials, consumer discretionary, energy, information technology, healthcare, utilities and private equity, short-term investments and other assets. It invests in various geographical locations, including Brazil, Mexico, Chile, Argentina, Colombia, the United States and Peru. Aberdeen Asset Managers Limited serves as the fund's investment adviser with respect to all investments. Aberdeen Asset Managers Limited is a direct wholly-owned subsidiary of Aberdeen Asset Management PLC.

Executives

Lawrence Joseph Fox	director	C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Enrique R Arzac	director	ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport	director	C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano	director	C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
City Of London Investment Management Co Ltd	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Lisa Bowley	other: Director of Investment Adviser	1725 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Campbell Fleming	other: Director of Investment Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Aron Mitchell	other: Director of Investment Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Katherine Malcolm	other: Director of Investment Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Docherty	other: Director of Investment Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Mandy Pike	other: Director of Investment Advisor	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina	officer: Vice President - Compliance	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Mccaffery	director	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Iain Plunkett	director	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Headlines

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