BlackRock Americanome Trust (CHIX:BRAIL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2024)

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

CHIX:BRAIl' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: No Debt

During the past 12 years, BlackRock Americanome Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

CHIX:BRAIl's Cash-to-Debt is ranked better than
99.72% of 1444 companies
in the Asset Management industry
Industry Median: 5.705 vs CHIX:BRAIl: No Debt

BlackRock Americanome Trust Cash-to-Debt Historical Data

The historical data trend for BlackRock Americanome Trust'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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BlackRock Americanome Trust Cash-to-Debt Chart

BlackRock Americanome Trust Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Cash-to-Debt

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No Debt

0.02

No Debt

BlackRock Americanome Trust Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of BlackRock Americanome Trust's Cash-to-Debt

For the Asset Management subindustry, BlackRock Americanome Trust'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.

BlackRock Americanome Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Americanome Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BlackRock Americanome Trust's Cash-to-Debt falls into.

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BlackRock Americanome Trust 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.

BlackRock Americanome Trust's Cash to Debt Ratio for the fiscal year that ended in Oct. 2024 is calculated as:

BlackRock Americanome Trust had no debt ⁽¹⁾.

BlackRock Americanome Trust's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

BlackRock Americanome Trust had no debt ⁽¹⁾.

BlackRock Americanome Trust (CHIX:BRAIl) 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.

BlackRock Americanome Trust Cash-to-Debt Related Terms

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

BlackRock Americanome Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock American Income Trust Plc (CHIX:BRAIl) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BRAI:UK

Address

12 Throgmorton Avenue, London, GBR, EC2N 2DL

Website

https://www.blackrock.com

BlackRock American Income Trust Plc is a closed-ended investment company. The Fund aims to maximize the return on investment through a combination of long term capital growth and income on the fund assets. Its objective by investing in the equity securities of large and medium capitalisation companies listed on a stock exchange in North America (meaning Bermuda, Canada, Greenland, Saint Pierre and Miquelon and United States of America.

BlackRock Americanome Trust Headlines

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BlackRock Americanome Trust (CHIX:BRAIL) Cash-to-Debt : No Debt (1) (As of Oct. 2024)