Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Cash-to-Debt : 0.13 (As of Dec. 2023)

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What is Barings Global Short Duration High Yield 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. Barings Global Short Duration High Yield Fund's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.13.

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, Barings Global Short Duration High Yield Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Barings Global Short Duration High Yield Fund's Cash-to-Debt or its related term are showing as below:

BGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.13
Current: 0.13

During the past 7 years, Barings Global Short Duration High Yield Fund's highest Cash to Debt Ratio was 0.13. The lowest was 0.02. And the median was 0.05.

BGH's Cash-to-Debt is ranked worse than
81.37% of 1476 companies
in the Asset Management industry
Industry Median: 5.445 vs BGH: 0.13

Barings Global Short Duration High Yield Fund Cash-to-Debt Historical Data

The historical data trend for Barings Global Short Duration High Yield 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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Barings Global Short Duration High Yield Fund Cash-to-Debt Chart

Barings Global Short Duration High Yield Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.02

0.04

0.05

0.13

Barings Global Short Duration High Yield Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								0.04	0.06	0.05	0.14	0.13

Competitive Comparison of Barings Global Short Duration High Yield Fund's Cash-to-Debt

For the Asset Management subindustry, Barings Global Short Duration High Yield 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.

Barings Global Short Duration High Yield Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Barings Global Short Duration High Yield Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Barings Global Short Duration High Yield Fund's Cash-to-Debt falls into.

Barings Global Short Duration High Yield 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.

Barings Global Short Duration High Yield Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	14.652	/	(0	+	109.5)
	=	0.13

Barings Global Short Duration High Yield Fund's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	14.652	/	(0	+	109.5)
	=	0.13

Barings Global Short Duration High Yield Fund (NYSE:BGH) 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.

Barings Global Short Duration High Yield Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Barings Global Short Duration High Yield Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Barings Global Short Duration High Yield Fund (Barings Global Short Duration High Yield Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Barings Global Short Duration High Yield Fund (NYSE:BGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 South Tryon Street, Suite 2500, Charlotte, NC, USA, 28202

Website

http://www.Barings.com

Barings Global Short Duration High Yield Fund is a diversified, closed-end management investment company. Its investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation.

Executives

Eric Partlan	other: Adviser Board Member	BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Gregory Wayne Maccordy	other: Chief Compliance Officer	6 LAMPLIGHT LANE, WESTPORT CT 06880
Ashlee Steinnerd	officer: Chief Legal Officer	BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael Freno	officer: Vice President	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Benjamin Tecmire	officer: Chief Compliance Officer	BARINGS LLC, 300 S. TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Roger W Crandall	other: Adviser Board Member	MASSACHUSETTS MUTUAL LIFE INSURANCE CO, 1295 STATE STREET, SPRINGFIELD MA 01111
Christopher Hanscom	officer: Treasurer	BARINGS LLC, 1500 MAIN STREET PO BOX 15189, SPRINGFIELD MA 01115-5189
Eric J Lloyd	other: Officer of Adviser	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark F Mulhern	director	410 S. WILMINGTON STREET, RALEIGH NC 27601
Jill Olmstead	other: Trustee	BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
David Mihalick	director	BARINGS LLC, 300 SOUTH TRYON ST., STE 2500, CHARLOTTE NC 28202
Rodney J Dillman	other: Trustee	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Elizabeth A. Murray	officer: Treasurer	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Mark Senkpiel	other: Investment Personnel	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Christopher Cary	other: Officer of Adviser	BARINGS LLC, 300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202