EIC (Eagle Pointome Co) Cash-to-Debt : 4.14 (As of Dec. 2024)

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What is Eagle Pointome Co 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. Eagle Pointome Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 4.14.

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, Eagle Pointome Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Eagle Pointome Co's Cash-to-Debt or its related term are showing as below:

EIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: No Debt
Current: 4.14

During the past 7 years, Eagle Pointome Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.01.

EIC's Cash-to-Debt is ranked worse than
51.01% of 1429 companies
in the Asset Management industry
Industry Median: 5.03 vs EIC: 4.14

Eagle Pointome Co Cash-to-Debt Historical Data

The historical data trend for Eagle Pointome Co'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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Eagle Pointome Co Cash-to-Debt Chart

Eagle Pointome Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.01

0.07

4.14

Eagle Pointome Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial								-	No Debt	0.07	No Debt	4.14

Competitive Comparison of Eagle Pointome Co's Cash-to-Debt

For the Asset Management subindustry, Eagle Pointome Co'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.

Eagle Pointome Co's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eagle Pointome Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eagle Pointome Co's Cash-to-Debt falls into.

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Eagle Pointome Co 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.

Eagle Pointome Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	8.102	/	(0	+	1.958)
	=	4.14

Eagle Pointome Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	8.102	/	(0	+	1.958)
	=	4.14

Eagle Pointome Co (NYSE:EIC) 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.

Eagle Pointome Co Cash-to-Debt Related Terms

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Eagle Pointome Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eagle Point Income Co Inc (NYSE:EIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830

Website

https://www.eaglepointincome.com

Eagle Point Income Co Inc is a closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The Company seeks to achieve its investment objectives by investing in junior debt tranches of collateralized loan obligations, or "CLOs," that are collateralized by a portfolio consisting of below-investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.