Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tri-ContinentalTY +0.70%58 Cash-to-Debt is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TY with a GF Score™ of 58/100 and a GF Value™ of $31.58 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,440 Asset Management companies, Tri-Continental ranks better than 99.51% 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. Tri-Continental's cash to debt ratio for the quarter that ended in Dec. 2025 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, Tri-Continentalcould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
(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 Tri-Continental's Cash-to-Debt or its related term are showing as below:
TY'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 10 years, Tri-Continental's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
TY's Cash-to-Debt is ranked better than 99.51% of 1440
companies
in the Asset Management industry
Industry Median: 5.005
vs TY: No Debt
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.
Tri-Continental Cash-to-Debt Related Terms
Tri-Continental Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Tri-Continental'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.
For the Asset Management subindustry, Tri-Continental'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.
Tri-Continental Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Tri-Continental's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Tri-Continental's Cash-to-Debt falls into.
Tri-Continental's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
Tri-Continental had no debt (1).
Tri-Continental's Cash to Debt Ratio for the quarter that ended in Dec. 2025 is calculated as:
Tri-Continental 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Tri-Continental (TY) has a Cash-to-Debt of No Debt (1) as of Dec. 2025. This is 100% below median its historical median of 10,000.00. Over the past decade, Tri-Continental's Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Tri-Continental ranks #7 out of 1440 companies in the Asset Management industry, placing it in the top 0.5%.
Is Tri-Continental's Cash-to-Debt too high?
Tri-Continental's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Tri-Continental ranks #7 out of 1440 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tri-Continental has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tri-Continental's Cash-to-Debt compare to PDO and NAC?
According to the Asset Management industry distribution chart, Tri-Continental ranks #7 out of 1440 companies for Cash-to-Debt. This places Tri-Continental in the top 1% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 5.01. Historically, Tri-Continental's own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. 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 5.01, based on 1,440 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 5.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Continental's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Continental stock overvalued right now?
Based on GuruFocus' analysis, Tri-Continental (TY) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.58, compared to a current price of $35.73 — trading 13.1% above its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Tri-Continental's overall GF Score™ is 58/100 with 9 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 Tri-Continental (TY), the current Cash-to-Debt is No Debt (1) as of Dec. 2025. 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.
Is Tri-Continental (TY) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Continental stock appears to be overvalued.
The current stock price of $35.73 is trading 13.1% above its estimated GF Value™ of $31.58.
GuruFocus considers Tri-Continental to be Modestly Overvalued.
Key valuation signals for TY:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: $31.58 vs. price of $35.73 (13.1% above fair value)
No single metric tells the full story. See the TY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Continental Corp is a closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
58GF Score
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