What is John Hancock Tax-advantaged Div Fd Financial Strength?
John Hancock Tax-advantaged Div Fd has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate John Hancock Tax-advantaged Div Fd's interest coverage with the available data.
John Hancock Tax-advantaged Div Fd's debt to revenue ratio for the quarter that ended in Oct. 2023 was 0.00.
Altman Z-Score does not apply to banks and insurance companies.
John Hancock Tax-advantaged Div Fd Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
John Hancock Tax-advantaged Div Fd's Interest Expense for the
months ended in Oct. 2023 was $-12.62 Mil. Its Operating Income for the
months ended in Oct. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil.
John Hancock Tax-advantaged Div Fd's Interest Coverage for the quarter that ended in Oct. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. John Hancock Tax-advantaged Div Inc Fd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
John Hancock Tax-advantaged Div Fd's Debt to Revenue Ratio for the quarter that ended in Oct. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
John Hancock Tax-advantaged Div Fd (John Hancock Tax-advantaged Div Fd) Business Description
Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high after-tax total return from dividend income and capital appreciation. The fund's portfolio composition consists of common stocks, preferred securities, corporate bonds, and short-term investments. Its sector composition comprises utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, consumer discretionary and short-term investments.
Executives
| Dean Garfield |
director |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Noni L Ellison |
director |
TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027 |
| Andy Mcfetridge |
officer: Director of the Adviser |
200 BERKELEY STREET, BOSTON MA 02116 |
| Kristie Feinberg |
officer: President & CEO of the Adviser |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| York Lo |
officer: Vice President, Investments |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Kathryn Hayes |
other: Filer and Employee of the Fund |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Patricia Lizarraga |
director |
C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116 |
| Paul Lorentz |
director |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Arthur Pigott |
officer: VP of the Adviser |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Glen J Gibbons |
officer: VP of the Adviser |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Frances G Rathke |
other: Trustee of the Fund |
C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676 |
| Brian Macphee |
officer: Vice President of the Adviser |
C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801 |
| Sean Speer |
officer: Vice President of the Adviser |
C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116 |
| Michael Tassinari |
officer: Vice President of the Adviser |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
| Christopher Pompilio |
officer: Vice President of the Adviser |
C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HTD has been successfully added to your