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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. Advent Convertible &ome Fund's cash to debt ratio for the quarter that ended in Apr. 2026 was 0.25.
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, Advent Convertible &ome Fundcouldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2026.
The historical rank and industry rank for Advent Convertible &ome Fund's Cash-to-Debt or its related term are showing as below:
AVK'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.02
Current: 0.02
During the past 13 years, Advent Convertible &ome Fund's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.00.
AVK's Cash-to-Debt is ranked worse than 93.06% of 1412
companies
in the Asset Management industry
Industry Median: 6.55
vs AVK: 0.02
Advent Convertible &ome Fund (NYSE:AVK) 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.
Advent Convertible &ome Fund Cash-to-Debt Related Terms
Advent Convertible &ome Fund Cash-to-Debt Historical Data
* 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.
For the Asset Management subindustry, Advent Convertible &ome 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.
Advent Convertible &ome Fund Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Advent Convertible &ome Fund's Cash-to-Debt falls into.
* 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.
Advent Convertible &ome Fund (AVK) has a Cash-to-Debt of 0.25 as of Apr. 2026. According to the industry distribution chart, Advent Convertible &ome Fund ranks #1314 out of 1412 companies in the Asset Management industry, placing it in the top 93.1%.
Is Advent Convertible &ome Fund's Cash-to-Debt too high?
Advent Convertible &ome Fund's current Cash-to-Debt is 0.25. The Asset Management industry median Cash-to-Debt is 6.55. Advent Convertible &ome Fund's value of 0.25 is 96.2% below this industry median. Based on the distribution chart, Advent Convertible &ome Fund ranks #1314 out of 1412 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Advent Convertible &ome Fund has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advent Convertible &ome Fund's Cash-to-Debt compare to THW and NMCO?
According to the Asset Management industry distribution chart, Advent Convertible &ome Fund ranks #1314 out of 1412 companies for Cash-to-Debt. This places Advent Convertible &ome Fund in the lower half of its industry. The industry median Cash-to-Debt is 6.55. Advent Convertible &ome Fund's value of 0.25 is 96.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 6.55, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advent Convertible &ome Fund's current Cash-to-Debt of 0.25 is 96.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Convertible &ome Fund's current Cash-to-Debt is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Convertible &ome Fund stock overvalued right now?
Based on GuruFocus' analysis, Advent Convertible &ome Fund (AVK) is currently considered Significantly Undervalued. The stock's GF Value™ is $19.93, compared to a current price of $12.19 — trading 38.8% below its estimated fair value. The current Cash-to-Debt is 0.25 and 96.2% below the Asset Management industry median of 6.55. Advent Convertible &ome Fund's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Advent Convertible &ome Fund (AVK), the current Cash-to-Debt is 0.25 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Advent Convertible &ome Fund (AVK) Overvalued in 2026?
Based on GuruFocus' analysis, Advent Convertible &ome Fund stock appears to be undervalued.
The current stock price of $12.19 is trading 38.8% below its estimated GF Value™ of $19.93.
GuruFocus considers Advent Convertible &ome Fund to be Significantly Undervalued.
Key valuation signals for AVK:
Cash-to-Debt: 0.25
GF Value™: $19.93 vs. price of $12.19 (38.8% below fair value)
Industry Position: 96.2% below the Asset Management median (#1314 of 1412)
No single metric tells the full story. See the AVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
48GF Score
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