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Premier Miton Global Renewables Trust (LSE:PEWZ.PFD) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Premier Miton Global Renewables Trust 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. Premier Miton Global Renewables Trust's cash to debt ratio for the quarter that ended in Dec. 2023 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, Premier Miton Global Renewables Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Premier Miton Global Renewables Trust's Cash-to-Debt or its related term are showing as below:

LSE:PEWZ.PFD' 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 13 years, Premier Miton Global Renewables Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:PEWZ.PFD's Cash-to-Debt is ranked better than
99.66% of 1454 companies
in the Asset Management industry
Industry Median: 5.505 vs LSE:PEWZ.PFD: No Debt

Premier Miton Global Renewables Trust Cash-to-Debt Historical Data

The historical data trend for Premier Miton Global Renewables Trust'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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Premier Miton Global Renewables Trust Cash-to-Debt Chart

Premier Miton Global Renewables Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Premier Miton Global Renewables Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Premier Miton Global Renewables Trust's Cash-to-Debt

For the Asset Management subindustry, Premier Miton Global Renewables Trust'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.


Premier Miton Global Renewables Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premier Miton Global Renewables Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Premier Miton Global Renewables Trust's Cash-to-Debt falls into.



Premier Miton Global Renewables Trust 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.

Premier Miton Global Renewables Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Premier Miton Global Renewables Trust had no debt (1).

Premier Miton Global Renewables Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Premier Miton Global Renewables Trust had no debt (1).

* 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.


Premier Miton Global Renewables Trust  (LSE:PEWZ.PFD) 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.


Premier Miton Global Renewables Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Premier Miton Global Renewables Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Miton Global Renewables Trust Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Premier Miton Global Renewables Trust PLC is an asset management company. The company's investment objectives are to achieve a high income and to realize long-term growth in the capital value of its portfolio. It will seek to achieve these objectives by investing principally in the equity and equity-related securities of companies operating mainly in the renewable energy sectors, as well as other sustainable infrastructure investments. The Company is engaged in one segment of business, the investment business. It has a geographic presence in the United Kingdom, Europe, North America, Global, China, and Latin America.

Premier Miton Global Renewables Trust Headlines

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