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Tortoise Pipeline & Energy Fund Inc. (:TTP)
Cash to Debt Ratio
0.00 (As of . 20)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash and cash equivalents divide by its debt. Tortoise Pipeline & Energy Fund Inc.'s cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Tortoise Pipeline & Energy Fund Inc. couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

TTP' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt

TTP's Cash to Debtis ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. TTP: No Debt )

Definition

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Tortoise Pipeline & Energy Fund Inc.'s Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Tortoise Pipeline & Energy Fund Inc. had no debt.

Tortoise Pipeline & Energy Fund Inc.'s Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Tortoise Pipeline & Energy Fund Inc. had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tortoise Pipeline & Energy Fund Inc. Annual Data

 cash2debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Tortoise Pipeline & Energy Fund Inc. Semi-Annual Data

 cash2debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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