Henderson Opportunities Trust (CHIX:HOTL) Cash-to-Debt : 0.30 (As of Oct. 2024)

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What is Henderson Opportunities 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. Henderson Opportunities Trust's cash to debt ratio for the quarter that ended in Oct. 2024 was 0.30.

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, Henderson Opportunities Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

The historical rank and industry rank for Henderson Opportunities Trust's Cash-to-Debt or its related term are showing as below:

CHIX:HOTl' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.3
Current: 0.3

During the past 13 years, Henderson Opportunities Trust's highest Cash to Debt Ratio was 0.30. The lowest was 0.03. And the median was 0.08.

CHIX:HOTl's Cash-to-Debt is ranked worse than
71.93% of 1443 companies
in the Asset Management industry
Industry Median: 5.62 vs CHIX:HOTl: 0.30

Henderson Opportunities Trust Cash-to-Debt Historical Data

The historical data trend for Henderson Opportunities 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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Henderson Opportunities Trust Cash-to-Debt Chart

Henderson Opportunities Trust Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Cash-to-Debt

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0.20

0.07

0.09

0.23

0.30

Henderson Opportunities 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															0.09	0.16	0.23	0.19	0.30

Competitive Comparison of Henderson Opportunities Trust's Cash-to-Debt

For the Asset Management subindustry, Henderson Opportunities 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.

Henderson Opportunities Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

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

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Henderson Opportunities 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.

Henderson Opportunities Trust's Cash to Debt Ratio for the fiscal year that ended in Oct. 2024 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)
	=	2.091	/	(0	+	7.001)
	=	0.30

Henderson Opportunities Trust's Cash to Debt Ratio for the quarter that ended in Oct. 2024 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)
	=	2.091	/	(0	+	7.001)
	=	0.30

Henderson Opportunities Trust (CHIX:HOTl) 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.

Henderson Opportunities Trust Cash-to-Debt Related Terms

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

Henderson Opportunities Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson Opportunities Trust PLC (CHIX:HOTl) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HOT:UK

Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

https://www.hendersonopportunitiestrust.com

Henderson Opportunities Trust PLC operates as an investment trust company in the United Kingdom. The company's objective is to achieve above average capital growth from investments, in a portfolio of predominantly United Kingdom listed companies. It invests in equities and other investments for the longer term. The company's portfolio of investment includes a mixture of large, medium and small companies. Its investment sectors include Industrials, Consumer services, Financials, Technology, Healthcare, Oil and gas, Consumer goods, Basic materials, Utilities and Telecommunications. Henderson Investment Funds Limited acts as the alternative investment fund manager of the company.