Utility Split Trust (TSX:UST.PR.B.PFD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2016)

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What is Utility Split 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. Utility Split Trust'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, Utility Split Trust 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 Utility Split Trust's Cash-to-Debt or its related term are showing as below:

TSX:UST.PR.B.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: N/A Med: No Debt Max: No Debt
Current: No Debt

During the past 8 years, Utility Split Trust's highest Cash to Debt Ratio was No Debt. The lowest was N/A. And the median was No Debt.

TSX:UST.PR.B.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 6 vs TSX:UST.PR.B.PFD: No Debt

Utility Split Trust Cash-to-Debt Historical Data

The historical data trend for Utility Split 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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Utility Split Trust Cash-to-Debt Chart

Utility Split Trust Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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No Debt

Utility Split Trust Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Cash-to-Debt	Get a 7-Day Free Trial											No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Utility Split Trust's Cash-to-Debt

For the Asset Management subindustry, Utility Split 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.

Utility Split Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Utility Split Trust's Cash-to-Debt falls into.

Utility Split 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.

Utility Split Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Utility Split Trust had no debt ⁽¹⁾.

Utility Split Trust's Cash to Debt Ratio for the quarter that ended in Jun. 2016 is calculated as:

Utility Split Trust had no debt ⁽¹⁾.

Utility Split Trust (TSX:UST.PR.B.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.

Utility Split Trust Cash-to-Debt Related Terms

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

Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Utility Split Trust (TSX:UST.PR.B.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.firstasset.com

Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

Utility Split Trust (TSX:UST.PR.B.PFD) Headlines

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Utility Split Trust (TSX:UST.PR.B.PFD) Cash-to-Debt : No Debt (1) (As of Jun. 2016)