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Invesco Bond Fund (Invesco Bond Fund) Cash-to-Debt : No Debt (1) (As of Feb. 2024)


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What is Invesco Bond 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. Invesco Bond Fund's cash to debt ratio for the quarter that ended in Feb. 2024 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, Invesco Bond Fund could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(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 Invesco Bond Fund's Cash-to-Debt or its related term are showing as below:

VBF' 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 7 years, Invesco Bond Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

VBF's Cash-to-Debt is ranked better than
99.93% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs VBF: No Debt

Invesco Bond Fund Cash-to-Debt Historical Data

The historical data trend for Invesco Bond 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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Invesco Bond Fund Cash-to-Debt Chart

Invesco Bond Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Invesco Bond Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Invesco Bond Fund's Cash-to-Debt

For the Asset Management subindustry, Invesco Bond 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.


Invesco Bond Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Bond Fund's Cash-to-Debt falls into.



Invesco Bond 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.

Invesco Bond Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Invesco Bond Fund had no debt (1).

Invesco Bond Fund's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Invesco Bond Fund had no debt (1).

* 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.


Invesco Bond Fund  (NYSE:VBF) 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.


Invesco Bond Fund Cash-to-Debt Related Terms

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


Invesco Bond Fund (Invesco Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Bond Fund is an independent investment management firm. Its investment objective is to seek interest income while conserving capital.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Todd Schomberg other: Portfolio Manager 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Matthew Brill other: Portfolio Manager 1555 PEACHTREE STREET, SUITE 100, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Bond Fund (Invesco Bond Fund) Headlines