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Brand Leadersome Fund (TSX:HBL.UN) Cash-to-Debt : No Debt (1) (As of Jun. 2021)


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What is Brand Leadersome 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. Brand Leadersome Fund's cash to debt ratio for the quarter that ended in Jun. 2021 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, Brand Leadersome Fund could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

(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 Brand Leadersome Fund's Cash-to-Debt or its related term are showing as below:

TSX:HBL.UN's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.56
* Ranked among companies with meaningful Cash-to-Debt only.

Brand Leadersome Fund Cash-to-Debt Historical Data

The historical data trend for Brand Leadersome 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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Brand Leadersome Fund Cash-to-Debt Chart

Brand Leadersome Fund Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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

Brand Leadersome Fund Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 Brand Leadersome Fund's Cash-to-Debt

For the Asset Management subindustry, Brand Leadersome 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.


Brand Leadersome Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

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



Brand Leadersome 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.

Brand Leadersome Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Brand Leadersome Fund had no debt (1).

Brand Leadersome Fund's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

Brand Leadersome Fund 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.


Brand Leadersome Fund  (TSX:HBL.UN) 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.


Brand Leadersome Fund Cash-to-Debt Related Terms

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


Brand Leadersome Fund (TSX:HBL.UN) Business Description

Traded in Other Exchanges
N/A
Address
610 Charwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Brand Leaders Income Fund is an investment fund. Its investment objectives are to provide unitholders with monthly cash distributions, the opportunity for capital appreciation and lower overall volatility of Portfolio returns.

Brand Leadersome Fund (TSX:HBL.UN) Headlines

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