IDE (Voya Infrastructure, Industrials and Materials Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Aug. 2024)

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What is Voya Infrastructure, Industrials and Materials 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. Voya Infrastructure, Industrials and Materials Fund's cash to debt ratio for the quarter that ended in Aug. 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, Voya Infrastructure, Industrials and Materials Fund could pay off its debt using the cash in hand for the quarter that ended in Aug. 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 Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt or its related term are showing as below:

IDE' 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, Voya Infrastructure, Industrials and Materials Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

IDE's Cash-to-Debt is ranked better than
99.66% of 1455 companies
in the Asset Management industry
Industry Median: 5.53 vs IDE: No Debt

Voya Infrastructure, Industrials and Materials Fund Cash-to-Debt Historical Data

The historical data trend for Voya Infrastructure, Industrials and Materials 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.

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Voya Infrastructure, Industrials and Materials Fund Cash-to-Debt Chart

Voya Infrastructure, Industrials and Materials Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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No Debt

Voya Infrastructure, Industrials and Materials Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt

For the Asset Management subindustry, Voya Infrastructure, Industrials and Materials 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.

Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt falls into.

Voya Infrastructure, Industrials and Materials 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.

Voya Infrastructure, Industrials and Materials Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Voya Infrastructure, Industrials and Materials Fund had no debt ⁽¹⁾.

Voya Infrastructure, Industrials and Materials Fund's Cash to Debt Ratio for the quarter that ended in Aug. 2024 is calculated as:

Voya Infrastructure, Industrials and Materials Fund had no debt ⁽¹⁾.

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) 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.

Voya Infrastructure, Industrials and Materials Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Voya Infrastructure, Industrials and Materials Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Voya Infrastructure, Industrials and Materials Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258

Website

https://www.voyainvestments.com

Voya Infrastructure, Industrials and Materials Fund is a diversified closed-end management investment company. The primary objective of this investment fund is to achieve total return by combining current income, capital gains, and capital appreciation. To achieve this objective, the fund invests in companies that own and/or operate infrastructure facilities in the infrastructure sector, as well as in a broad range of companies in the industrials and materials sectors that the Sub-Adviser believes will benefit from infrastructure building, renovation, expansion, and utilization.

Executives

Vincent J Costa	other: Managing Director	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Margaret Diorio	officer: SVP, PM	230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter	officer: SVP, PM	230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber	officer: Executive Vice President	230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro	officer: Managing Director	VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan	director	27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell	officer: MD & Chief Financial Officer	230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer	director	9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones	director
Martin J Gavin	director	282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr	director	3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Daniel F Wilcox	officer: Senior Vice President	230 PARK AVENUE, NEW YORK X1 10169
Lydia Homer	officer: Senior Vice President	7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Voya Investment Management Co	other: Investment Adviser	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Etten Frank Van	officer: Senior Vice President	230 PARK AVENUE, NEW YORK NY 10169

Voya Infrastructure, Industrials and Materials Fund Headlines

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Morgan Stanley's Strategic Reduction in Voya Infrastructure, Industrials and Materials Fund

By GuruFocus News • 11-08-2024

IDE (Voya Infrastructure, Industrials and Materials Fund) Cash-to-Debt : No Debt (1) (As of Aug. 2024)