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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. John Hancock Preferredome Fund's cash to debt ratio for the quarter that ended in Jan. 2026 was 0.00.
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, John Hancock Preferredome Fundcouldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2026.
The historical rank and industry rank for John Hancock Preferredome Fund's Cash-to-Debt or its related term are showing as below:
HPI's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.81 * Ranked among companies with meaningful Cash-to-Debt only.
John Hancock Preferredome Fund (NYSE:HPI) 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.
John Hancock Preferredome Fund Cash-to-Debt Related Terms
John Hancock Preferredome Fund 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.
For the Asset Management subindustry, John Hancock Preferredome 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.
John Hancock Preferredome Fund Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's Cash-to-Debt falls into.
* 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.
John Hancock Preferredome Fund (HPI) has a Cash-to-Debt of 0.00 as of Jan. 2026. According to the industry distribution chart, John Hancock Preferredome Fund ranks #999999 out of 1421 companies in the Asset Management industry.
Is John Hancock Preferredome Fund's Cash-to-Debt too high?
John Hancock Preferredome Fund's current Cash-to-Debt is 0.00. Based on the distribution chart, John Hancock Preferredome Fund ranks #999999 out of 1421 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, John Hancock Preferredome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Cash-to-Debt compare to EVN and GLAD?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund ranks #999999 out of 1421 companies for Cash-to-Debt. This places John Hancock Preferredome Fund in the lower half of its industry. The industry median Cash-to-Debt is 5.81. 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 5.81, based on 1,421 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. 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 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. John Hancock Preferredome Fund's overall GF Score™ is 30/100 with 6 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 John Hancock Preferredome Fund (HPI), the current Cash-to-Debt is 0.00 as of Jan. 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.
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
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