Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Cash-to-Debt : 0.00 (As of Oct. 2023)

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What is Allspring Global Dividend Opportunity 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. Allspring Global Dividend Opportunity Fund's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Allspring Global Dividend Opportunity Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for Allspring Global Dividend Opportunity Fund's Cash-to-Debt or its related term are showing as below:

During the past 7 years, Allspring Global Dividend Opportunity Fund's highest Cash to Debt Ratio was 0.14. The lowest was 0.00. And the median was 0.00.

EOD's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.53
* Ranked among companies with meaningful Cash-to-Debt only.

Allspring Global Dividend Opportunity Fund Cash-to-Debt Historical Data

The historical data trend for Allspring Global Dividend Opportunity 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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Allspring Global Dividend Opportunity Fund Cash-to-Debt Chart

Allspring Global Dividend Opportunity Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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Allspring Global Dividend Opportunity Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Allspring Global Dividend Opportunity Fund's Cash-to-Debt

For the Asset Management subindustry, Allspring Global Dividend Opportunity 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.

Allspring Global Dividend Opportunity Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Global Dividend Opportunity Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Allspring Global Dividend Opportunity Fund's Cash-to-Debt falls into.

Allspring Global Dividend Opportunity 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.

Allspring Global Dividend Opportunity Fund's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	0.001	/	(0	+	47.514)
	=	0.00

Allspring Global Dividend Opportunity Fund's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	0.001	/	(0	+	47.514)
	=	0.00

Allspring Global Dividend Opportunity Fund (NYSE:EOD) 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.

Allspring Global Dividend Opportunity Fund Cash-to-Debt Related Terms

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

Allspring Global Dividend Opportunity Fund (Allspring Global Dividend Opportunity Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Global Dividend Opportunity Fund (NYSE:EOD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Market Street, San Francisco, CA, USA, 94105

Website

https://www.allspringglobal.com

Allspring Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund's secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised of common stocks.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch	officer: Chief Complaince Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Silva Harindra De	other: Portfolio Manager	550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Dennis Bein	other: Portfolio Manager	550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Vincent J Fioramonti	other: Portfolio Manager	10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262
Gregory Mcmurran	other: Portfolio Manager	550 SOUTH GRAND AVENUE, 23RD FLOOR, LOS ANGELES CA 90071
Megan Miller	other: Portfolio Manager	555 W 5TH STREET, 50TH FLOOR, LOS ANGELES CA 90013
Justin P Carr	other: Portfolio Manager	10715 DAVID TAYLOR DRIVE, CHARLOTTE NC 28262

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