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BXSY (Dividend andome Fund) Cash-to-Debt : No Debt (1) (As of Jun. 2024)


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What is Dividend andome 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. Dividend andome Fund's cash to debt ratio for the quarter that ended in Jun. 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, Dividend andome Fund could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Dividend andome Fund's Cash-to-Debt or its related term are showing as below:

BXSY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: No Debt
Current: 0.3

During the past 8 years, Dividend andome Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.03.

BXSY's Cash-to-Debt is ranked worse than
72.41% of 1450 companies
in the Asset Management industry
Industry Median: 5.505 vs BXSY: 0.30

Dividend andome Fund Cash-to-Debt Historical Data

The historical data trend for Dividend andome 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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Dividend andome Fund Cash-to-Debt Chart

Dividend andome Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial - 0.04 - - -

Dividend andome Fund Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only - - 0.02 - No Debt

Competitive Comparison of Dividend andome Fund's Cash-to-Debt

For the Asset Management subindustry, Dividend andome 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.


Dividend andome Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

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



Dividend andome 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.

Dividend andome Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Dividend andome Fund's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Dividend andome 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.


Dividend andome Fund  (OTCPK:BXSY) 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.


Dividend andome Fund Cash-to-Debt Related Terms

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


Dividend andome Fund Business Description

Traded in Other Exchanges
N/A
Address
2255 Buffalo Road, Rochester, New York, NY, USA, 14624
Dividend and Income Fund is a closed-ended management investment company. The fund's investment objective is to seek high current income with a secondary objective of capital appreciation. The fund seeks to invest in stocks of companies operating across diversified sectors. It mainly invests in dividend-paying stocks of companies across all capitalizations. The Fund seeks to achieve its objectives by investing, under normal circumstances, in income-generating equity securities, including dividend-paying common stocks, convertible securities, preferred stocks, securities of registered investment companies, exchange-traded funds organized as investment companies or otherwise, real estate investment trusts, depositary receipts, and other equity-related securities.
Executives
Winmill & Co. Inc other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Investor Service Center Inc /de other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Thomas Bassett Winmill director, officer: President P.O. BOX 4, WALPOLE NH 03608
Peter K Werner director 2255 BUFFALO ROAD, ROCHESTER NY 14624
Bexil Corp other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Roger A. Atkinson director 9202 NW 28TH COURT, VANCOUVER WA 98665
Bexil Advisers Llc other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Bexil Securities Llc other: See "Explanation of Responses" 3814 ROUTE 44, MILLBROOK NY 12545
Donald Ii Klimoski officer: Assistant General Counsel 3814 ROUTE 44, MILLBROOK NY 12545
William Mccollum Winmill officer: VP and Co-Portfolio Manager 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Jon Tomasson director 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Russell Kamerman officer: Chief Compliance Officer 3814 ROUTE 44, MILLBROOK NY 12545
Hwang Eric Paul C. other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Castle Mortgage Corp other: See "Explanation of Responses" 701 MONTGOMERY HWY SOUTH, STE. 203, VESTAVIA HILLS AL 35216
Jacob Bukhsbaum officer: Chief Compliance Officer, other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005