MMD (NYLI MacKay DefinedTerm Muni Opportunities Fund) Cash-to-Debt: 0.00 (As of May. 2026)

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MMD NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
32 GF Score
Price $14.78
! 4 Warning Signs
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What is NYLI MacKay DefinedTerm Muni Opportunities Fund Cash-to-Debt?

NYLI MacKay DefinedTerm Muni Opportunities Fund MMD -0.10% 32 Cash-to-Debt is 0.00 as of May. 2026. GuruFocus rates MMD with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,419 Asset Management companies, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks worse than 70472.09% on this metric.

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. NYLI MacKay DefinedTerm Muni Opportunities Fund's cash to debt ratio for the quarter that ended in May. 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, NYLI MacKay DefinedTerm Muni Opportunities Fund couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2026.

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

During the past 11 years, NYLI MacKay DefinedTerm Muni Opportunities Fund's highest Cash to Debt Ratio was 0.03. The lowest was 0.00. And the median was 0.01.

MMD's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 6.21
* Ranked among companies with meaningful Cash-to-Debt only.

NYLI MacKay DefinedTerm Muni Opportunities Fund  (NYSE:MMD) 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund Cash-to-Debt Related Terms

NYLI MacKay DefinedTerm Muni Opportunities Fund Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for NYLI MacKay DefinedTerm Muni 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund Cash-to-Debt Chart

NYLI MacKay DefinedTerm Muni Opportunities Fund Annual Data
Trend May16 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.01 0.00 0.00

NYLI MacKay DefinedTerm Muni Opportunities Fund Semi-Annual Data
May16 Nov16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.01 0.08 0.00 0.00 0.00

MMD vs DBL, PMO, TSI: Cash-to-Debt Comparison

For the Asset Management subindustry, NYLI MacKay DefinedTerm Muni 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund Cash-to-Debt vs Asset Management Industry

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

* The bar in red indicates where NYLI MacKay DefinedTerm Muni Opportunities Fund's Cash-to-Debt falls into.


MMD
32GF Score
NYLI MacKay DefinedTerm Muni Opportunities Fund MMD
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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NYLI MacKay DefinedTerm Muni 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund's Cash to Debt Ratio for the fiscal year that ended in May. 2026 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 / (0 + 174.16)
=0.00

NYLI MacKay DefinedTerm Muni Opportunities Fund's Cash to Debt Ratio for the quarter that ended in May. 2026 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 / (0 + 174.16)
=0.00

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a Cash-to-Debt of 0.00 as of May. 2026. According to the industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 1419 companies in the Asset Management industry.
Is NYLI MacKay DefinedTerm Muni Opportunities Fund's Cash-to-Debt too high?
NYLI MacKay DefinedTerm Muni Opportunities Fund's current Cash-to-Debt is 0.00. Based on the distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 1419 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, NYLI MacKay DefinedTerm Muni Opportunities Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NYLI MacKay DefinedTerm Muni Opportunities Fund's Cash-to-Debt compare to DBL and PMO?
According to the Asset Management industry distribution chart, NYLI MacKay DefinedTerm Muni Opportunities Fund ranks #999999 out of 1419 companies for Cash-to-Debt. This places NYLI MacKay DefinedTerm Muni Opportunities Fund in the lower half of its industry. The industry median Cash-to-Debt is 6.21. 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 6.21, based on 1,419 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 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NYLI MacKay DefinedTerm Muni Opportunities 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 NYLI MacKay DefinedTerm Muni Opportunities Fund stock overvalued right now?
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. NYLI MacKay DefinedTerm Muni Opportunities Fund's overall GF Score™ is 32/100 with 4 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 NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD), the current Cash-to-Debt is 0.00 as of May. 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.

NYLI MacKay DefinedTerm Muni Opportunities Fund Business Description

Address 51 Madison Avenue, New York, NY, USA, 10010
NYLI MacKay DefinedTerm Muni Opportunities Fund is a USA-based diversified closed-end management investment company. The fund's investment objective is to seek current income exempt from regular U.S. Federal income taxes as well as total return. The company predominantly invests in municipal bonds, the interest on which is, in the opinion of bond counsel to the issuers, generally excludable from gross income for regular U.S. Federal income tax purposes.
32GF Score

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Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.78
Price