KIO (KKRome Opportunities Fund) Cash-to-Debt : 0.23 (As of Oct. 2024)

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What is KKRome Opportunities 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. KKRome Opportunities Fund's cash to debt ratio for the quarter that ended in Oct. 2024 was 0.23.

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, KKRome Opportunities Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

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

KIO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.23
Current: 0.23

During the past 8 years, KKRome Opportunities Fund's highest Cash to Debt Ratio was 0.23. The lowest was 0.01. And the median was 0.08.

KIO's Cash-to-Debt is ranked worse than
74.77% of 1443 companies
in the Asset Management industry
Industry Median: 4.98 vs KIO: 0.23

KKRome Opportunities Fund Cash-to-Debt Historical Data

The historical data trend for KKRome Opportunities 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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KKRome Opportunities Fund Cash-to-Debt Chart

KKRome Opportunities Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Cash-to-Debt

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0.17

0.08

0.04

0.08

0.23

KKRome Opportunities 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										0.04	0.17	0.08	0.14	0.23

Competitive Comparison of KKRome Opportunities Fund's Cash-to-Debt

For the Asset Management subindustry, KKRome Opportunities 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.

KKRome Opportunities Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where KKRome Opportunities Fund's Cash-to-Debt falls into.

KKRome Opportunities 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.

KKRome Opportunities Fund's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	33.52	/	(0	+	148.185)
	=	0.23

KKRome Opportunities Fund's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	33.52	/	(0	+	148.185)
	=	0.23

KKRome Opportunities Fund (NYSE:KIO) 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.

KKRome Opportunities Fund Cash-to-Debt Related Terms

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

KKRome Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » KKR Income Opportunities Fund (NYSE:KIO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 California Street, 50th Floor, San Francisco, CA, USA, 94104

Website

https://www.kkrfunds.com

KKR Income Opportunities Fund operates as a closed-end registered management investment company. It seeks to generate a high level of current income, with a secondary objective of capital appreciation. The company invests in the portfolio of loans and fixed-income instruments of U.S. and non-U.S. issuers. The company will invest at least 80% of its Managed Assets in loans and fixed-income instruments or other instruments, including derivative instruments, with similar economic characteristics under normal market conditions.

Executives

Michael E Cahill	director
Jeremiah S Lane	other: Portfolio Manager	555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Christopher A Sheldon	other: Portfolio Manager	555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lori Hoffman	officer: Secretary and Vice President	9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Eric J Mogelof	director, officer: President	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Suzanne Donohoe	director, officer: Chairman, President	555 CALIFORNIA ST., 50TH FL., SAN FRANCISCO CA 94104
Catherine B. Sidamon-eristoff	director	C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lion Connecticut Holdings Inc.	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc.	10 percent owner	230 PARK AVENUE, NEW YORK NY 10169
Ing Life Insurance & Annuity Co	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095-4774
Reliastar Life Insurance Co	10 percent owner	20 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55401
Minnesota Life Insurance Co /bd	10 percent owner	400 N ROBERT ST, ST PAUL MN 55101
Michael H. Nguyen	officer: Secretary and Vice President	C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Philip Davidson	officer: Secretary and Vice President	555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Shannon Horton	officer: Chief Compliance Officer	555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104