GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust Mortgage Income Fund (NYSE:FMY) » Definitions » Cash-to-Debt

FMY (First Trust Mortgageome Fund) Cash-to-Debt : N/A (As of Oct. 2024)


View and export this data going back to . Start your Free Trial

What is First Trust Mortgageome 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. First Trust Mortgageome Fund's cash to debt ratio for the quarter that ended in Oct. 2024 was N/A.

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

During the past 8 years, First Trust Mortgageome Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

FMY's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.03
* Ranked among companies with meaningful Cash-to-Debt only.

First Trust Mortgageome Fund Cash-to-Debt Historical Data

The historical data trend for First Trust Mortgageome 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.

* Premium members only.

First Trust Mortgageome Fund Cash-to-Debt Chart

First Trust Mortgageome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt N/A N/A

First Trust Mortgageome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 No Debt No Debt N/A N/A N/A

Competitive Comparison of First Trust Mortgageome Fund's Cash-to-Debt

For the Asset Management subindustry, First Trust Mortgageome 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.


First Trust Mortgageome Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where First Trust Mortgageome Fund's Cash-to-Debt falls into.


;
;

First Trust Mortgageome 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.

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

Do not have enough data to calculate Cash to Debt ratio.

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

Do not have enough data to calculate Cash to Debt ratio.

* 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 Mortgageome Fund  (NYSE:FMY) 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 Mortgageome Fund Cash-to-Debt Related Terms

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


First Trust Mortgageome Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Mortgage Income Fund is a United States based diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income. Its secondary investment objective is to preserve capital. The fund pursues its objectives by investing predominantly in mortgage-backed securities representing part ownership in a pool of either residential or commercial mortgage loans that, in the opinion of the Fund's investment advisor, offer an attractive combination of credit quality, yield and maturity.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Owen N Aronson other: Portfolio Manager FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James W Snyder other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeremiah Charles other: Portfolio Manager C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Honggang Chris Wu other: Officer-Invest. Sub-Advisor BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Brookfield Investment Management Inc. other: Investment Sub-Advisor BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Anthony A. Breaks other: Officer-Invest. Sub-Advisor C/O BROOKFIELD INVESTMENT MGMT. INC, BROOKFIELD, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Rosanne Gatta officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY STREET, SUITE 400, WHEATON IL 60187
Erin E Klassman officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, WHEATON IL 60187