Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. First Trust Senior Floating Rateome Fund II's cash to debt ratio for the quarter that ended in May. 2026 was 0.84.
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, First Trust Senior Floating Rateome Fund IIcouldn't pay off its debt using the cash in hand for the quarter that ended in May. 2026.
First Trust Senior Floating Rateome Fund II (NYSE:FCT) 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.
First Trust Senior Floating Rateome Fund II Cash-to-Debt Related Terms
First Trust Senior Floating Rateome Fund II Cash-to-Debt Historical Data
* 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.
First Trust Senior Floating Rateome Fund II Cash-to-Debt Chart
First Trust Senior Floating Rateome Fund II Annual Data
For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.
First Trust Senior Floating Rateome Fund II Cash-to-Debt vs Asset Management Industry
* 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.
First Trust Senior Floating Rateome Fund II (FCT) has a Cash-to-Debt of 0.84 as of May. 2026. This is 8300% above median its historical median of 0.01. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #888 out of 1418 companies in the Asset Management industry, placing it in the top 62.6%.
Is First Trust Senior Floating Rateome Fund II's Cash-to-Debt too high?
First Trust Senior Floating Rateome Fund II's current Cash-to-Debt of 0.84 is 8300% above median its 10-year median of 0.01. The Asset Management industry median Cash-to-Debt is 6.09. First Trust Senior Floating Rateome Fund II's value of 0.84 is 86.2% below this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #888 out of 1418 companies in the Asset Management industry, which is below the industry midpoint. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Cash-to-Debt compare to NUW and JRS?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #888 out of 1418 companies for Cash-to-Debt. This places First Trust Senior Floating Rateome Fund II in the lower half of its industry. The industry median Cash-to-Debt is 6.09. First Trust Senior Floating Rateome Fund II's value of 0.84 is 86.2% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 6.09, First Trust Senior Floating Rateome Fund II has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 6.09, based on 1,418 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Senior Floating Rateome Fund II's current Cash-to-Debt of 0.84 is 86.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Senior Floating Rateome Fund II's current Cash-to-Debt is 0.84, which is 8300% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
Based on GuruFocus' analysis, First Trust Senior Floating Rateome Fund II (FCT) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.44, compared to a current price of $9.67 — trading 77.8% above its estimated fair value. The current Cash-to-Debt is 0.84, which is 8300% above median its 10-year median of 0.01 and 86.2% below the Asset Management industry median of 6.09. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 25/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Cash-to-Debt is 0.84 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Trust Senior Floating Rateome Fund II (FCT) Overvalued in 2026?
Based on GuruFocus' analysis, First Trust Senior Floating Rateome Fund II stock appears to be overvalued.
The current stock price of $9.67 is trading 77.8% above its estimated GF Value™ of $5.44.
GuruFocus considers First Trust Senior Floating Rateome Fund II to be Significantly Overvalued.
Key valuation signals for FCT:
Cash-to-Debt: 0.84 (8300% above median its 10-year median of 0.01)
GF Value™: $5.44 vs. price of $9.67 (77.8% above fair value)
Industry Position: 86.2% below the Asset Management median (#888 of 1418)
No single metric tells the full story. See the FCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
25GF Score
Get the complete analysis for FCT
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FCT has been successfully added to your 
