GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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

What is GABELLI CONVERTIBLE &OME SECURITIES 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. GABELLI CONVERTIBLE &OME SECURITIES FUND's cash to debt ratio for the quarter that ended in Sep. 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, GABELLI CONVERTIBLE &OME SECURITIES FUND could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt or its related term are showing as below:

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

During the past 7 years, GABELLI CONVERTIBLE &OME SECURITIES FUND's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

GCV's Cash-to-Debt is ranked better than
99.72% of 1437 companies
in the Asset Management industry
Industry Median: 5.82 vs GCV: No Debt

GABELLI CONVERTIBLE &OME SECURITIES FUND Cash-to-Debt Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Cash-to-Debt Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Sep24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

N/A

No Debt

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	N/A	No Debt	No Debt

Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt falls into.

GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash to Debt Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

GABELLI CONVERTIBLE &OME SECURITIES FUND had no debt ⁽¹⁾.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

GABELLI CONVERTIBLE &OME SECURITIES FUND had no debt ⁽¹⁾.

GABELLI CONVERTIBLE &OME SECURITIES FUND (NYSE:GCV) 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of GABELLI CONVERTIBLE &OME SECURITIES FUND's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC (NYSE:GCV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Real Estate Investment Trust, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.

Executives

Mario J Gabelli	director, 10 percent owner, officer: Chairman	191 MASON STREET, GREENWICH CT 06830
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
John Birch	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder	director	ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher	director	111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright	director	ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore	director	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan	officer: Acting Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019