Healthcare Leadersome ETF (TSX:HHL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2016)

View and export this data going back to 2014. Start your Free Trial

What is Healthcare Leadersome ETF 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. Healthcare Leadersome ETF's cash to debt ratio for the quarter that ended in Jun. 2016 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, Healthcare Leadersome ETF could pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

TSX:HHL's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.72
* Ranked among companies with meaningful Cash-to-Debt only.

Healthcare Leadersome ETF Cash-to-Debt Historical Data

The historical data trend for Healthcare Leadersome ETF'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.

* Premium members only.

Healthcare Leadersome ETF Cash-to-Debt Chart

Healthcare Leadersome ETF Annual Data

Trend

Dec14

Dec15

Cash-to-Debt

No Debt

Healthcare Leadersome ETF Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Healthcare Leadersome ETF's Cash-to-Debt

For the Asset Management subindustry, Healthcare Leadersome ETF'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.

Healthcare Leadersome ETF's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Healthcare Leadersome ETF Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

Healthcare Leadersome ETF's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Healthcare Leadersome ETF had no debt ⁽¹⁾.

Healthcare Leadersome ETF's Cash to Debt Ratio for the quarter that ended in Jun. 2016 is calculated as:

Healthcare Leadersome ETF had no debt ⁽¹⁾.

Healthcare Leadersome ETF (TSX:HHL) 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.

Healthcare Leadersome ETF Cash-to-Debt Related Terms

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

Healthcare Leadersome ETF (TSX:HHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Healthcare Leaders Income ETF (TSX:HHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.harvestportfolios.com

Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

Healthcare Leadersome ETF (TSX:HHL) Headlines

No Headlines

Healthcare Leadersome ETF (TSX:HHL) Cash-to-Debt : No Debt (1) (As of Jun. 2016)