ISD (PGIM High Yield Fund) Cash-to-Debt : 0.00 (As of Jan. 2025)

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What is PGIM High Yield 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. PGIM High Yield Fund's cash to debt ratio for the quarter that ended in Jan. 2025 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, PGIM High Yield Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2025.

The historical rank and industry rank for PGIM High Yield Fund's Cash-to-Debt or its related term are showing as below:

During the past 7 years, PGIM High Yield Fund's highest Cash to Debt Ratio was 0.08. The lowest was 0.00. And the median was 0.00.

ISD's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 4.94
* Ranked among companies with meaningful Cash-to-Debt only.

PGIM High Yield Fund Cash-to-Debt Historical Data

The historical data trend for PGIM High Yield 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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PGIM High Yield Fund Cash-to-Debt Chart

PGIM High Yield Fund Annual Data

Trend

May18

May19

May20

May21

Jul22

Jul23

Jul24

Cash-to-Debt

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0.01

PGIM High Yield Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
Cash-to-Debt	Get a 7-Day Free Trial										0.06	-	-	0.01	-

Competitive Comparison of PGIM High Yield Fund's Cash-to-Debt

For the Asset Management subindustry, PGIM High Yield 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.

PGIM High Yield Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where PGIM High Yield Fund's Cash-to-Debt falls into.

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PGIM High Yield 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.

PGIM High Yield Fund's Cash to Debt Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.903	/	(0	+	120)
	=	0.01

PGIM High Yield Fund's Cash to Debt Ratio for the quarter that ended in Jan. 2025 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.252	/	(0	+	120)
	=	0.00

PGIM High Yield Fund (NYSE:ISD) 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.

PGIM High Yield Fund Cash-to-Debt Related Terms

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

PGIM High Yield Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PGIM High Yield Fund Inc (NYSE:ISD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

655 Broad Street, 6th Floor, Newark, NJ, USA, 07102

Website

https://www.pgim.com

PGIM High Yield Fund Inc is a diversified, closed-end management investment company, active in the financial services domain. The Fund's investment objective is to provide a high level of current income. It invests at least 80% of its investable assets in a diversified portfolio of high-yield fixed-income instruments that are rated below investment grade with varying maturities and other investments.

Executives

Brian Reid	director	C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue	officer: Chief Compliance Officer	655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack	officer: Assistant Treasurer	655 BROAD ST., NEWARK NJ 07102
Barry H Evans	director	C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous	officer: Chief Compliance Officer	655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters	other: Co-Chief Investment Officer	655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling	other: Deputy CIO	655 BROAD STREET, NEWARK NJ 07102
Michael Lillard	other: Portfolio Manager	655 BROAD STREET, NEWARK NJ 07102
Debra Rubano	officer: Assistant Secretary	655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness	officer: Assistant Secretary	655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Scott E Benjamin	director	655 BROAD ST., NEWARK NJ 07102
Melissa Gonzalez	officer: Assistant Secretary	655 BROAD STREET, NEWARK NJ 07102
Elyse Mclaughlin	officer: Assistant Treasurer	655 BROAD ST., NEWARK NJ 07102