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What is Sound Point Meridian Capital Cash-to-Debt?
Sound Point Meridian CapitalSPMC +0.47%13 Cash-to-Debt is 0.10 as of Mar. 2026, which is 29% below its 10-year median of 0.14. GuruFocus rates SPMC with a GF Score™ of 13/100. Among 1,412 Asset Management companies, Sound Point Meridian Capital ranks worse than 83.07% 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. Sound Point Meridian Capital's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.10.
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, Sound Point Meridian Capitalcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Sound Point Meridian Capital's Cash-to-Debt or its related term are showing as below:
SPMC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.14 Max: No Debt
Current: 0.1
During the past 3 years, Sound Point Meridian Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 0.14.
SPMC's Cash-to-Debt is ranked worse than 83.07% of 1412
companies
in the Asset Management industry
Industry Median: 6.55
vs SPMC: 0.10
Sound Point Meridian Capital (NYSE:SPMC) 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.
Sound Point Meridian Capital Cash-to-Debt Related Terms
Sound Point Meridian Capital Cash-to-Debt Historical Data
* 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.
Sound Point Meridian Capital Cash-to-Debt Chart
Sound Point Meridian Capital Annual Data
Trend
Dec23
Mar25
Mar26
Cash-to-Debt
No Debt
0.14
0.10
Sound Point Meridian Capital Semi-Annual Data
Dec23
Mar25
Sep25
Mar26
Cash-to-Debt
No Debt
0.14
0.06
0.10
SPMC vs DMB, ETX, FT: Cash-to-Debt Comparison
For the Asset Management subindustry, Sound Point Meridian Capital'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.
Sound Point Meridian Capital Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Sound Point Meridian Capital's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Sound Point Meridian Capital's Cash-to-Debt falls into.
* 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.
Sound Point Meridian Capital (SPMC) has a Cash-to-Debt of 0.10 as of Mar. 2026. This is 29% below median its historical median of 0.14. Over the past decade, Sound Point Meridian Capital's Cash-to-Debt has ranged from 0.10 to 10,000.00. According to the industry distribution chart, Sound Point Meridian Capital ranks #1173 out of 1412 companies in the Asset Management industry, placing it in the top 83.1%.
Is Sound Point Meridian Capital's Cash-to-Debt too high?
Sound Point Meridian Capital's current Cash-to-Debt of 0.10 is 29% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 10,000.00. The Asset Management industry median Cash-to-Debt is 6.55. Sound Point Meridian Capital's value of 0.10 is 98.5% below this industry median. Based on the distribution chart, Sound Point Meridian Capital ranks #1173 out of 1412 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Sound Point Meridian Capital has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Cash-to-Debt compare to DMB and ETX?
According to the Asset Management industry distribution chart, Sound Point Meridian Capital ranks #1173 out of 1412 companies for Cash-to-Debt. This places Sound Point Meridian Capital in the lower half of its industry. The industry median Cash-to-Debt is 6.55. Sound Point Meridian Capital's value of 0.10 is 98.5% below this benchmark. Historically, Sound Point Meridian Capital's own Cash-to-Debt has ranged from 0.10 to 10,000.00 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 6.55, Sound Point Meridian Capital has consistently been below the industry average. 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 6.55, based on 1,412 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. Sound Point Meridian Capital's current Cash-to-Debt of 0.10 is 98.5% below the industry median. 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 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sound Point Meridian Capital's current Cash-to-Debt is 0.10, which is 29% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Cash-to-Debt of 0.10. The current Cash-to-Debt is 0.10, which is 29% below median its 10-year median of 0.14 and 98.5% below the Asset Management industry median of 6.55. Sound Point Meridian Capital's overall GF Score™ is 13/100. 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 Sound Point Meridian Capital (SPMC), the current Cash-to-Debt is 0.10 as of Mar. 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.
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
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