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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. WisdomTree's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.52.
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, WisdomTree couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.
The historical rank and industry rank for WisdomTree's Cash-to-Debt or its related term are showing as below:
During the past 13 years, WisdomTree's highest Cash to Debt Ratio was No Debt. The lowest was 0.45. And the median was 0.74.
The historical data trend for WisdomTree'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.
WisdomTree Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Cash-to-Debt | Get a 7-Day Free Trial |
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0.58 | 0.84 | 0.80 | 0.68 | 0.52 |
WisdomTree Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Cash-to-Debt | Get a 7-Day Free Trial |
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0.68 | 0.24 | 0.68 | 0.47 | 0.52 |
For the Asset Management subindustry, WisdomTree'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.
For the Asset Management industry and Financial Services sector, WisdomTree's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where WisdomTree's Cash-to-Debt falls into.
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.
WisdomTree's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 266.63 | / | (0.709 | + | 512.204) | |
= | 0.52 |
WisdomTree's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 266.63 | / | (0.709 | + | 512.204) | |
= | 0.52 |
* 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.
WisdomTree (NYSE:WT) 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.
Thank you for viewing the detailed overview of WisdomTree's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Alexis Marinof | officer: Head of WisdomTree Europe | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119 |
Capital Limited. Etfs | 10 percent owner | Ordnance House, 31 Pier Road, St. Helier, Channel Islands Y9 JE4 8PW |
Peter M Ziemba | director | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119 |
Jonathan L Steinberg | director, officer: Chief Executive Officer | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119 |
Rilla S Delorier | director | 5415 EVERGREEN WAY, EVERETT WA 98203 |
Shamla Naidoo | director | 1104 LINNEA LN, SOUTHLAKE TX 76092 |
Tonia L Pankopf | director | 8 SOUND SHORE DR STE 215, GREENWICH CT 06830 |
Daniela Mielke | director | 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249 |
Lynn S. Blake | director | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119 |
Deborah Fuhr | director | C/O LGBTQ LOYALTY HOLDINGS, INC.,, 2435 N DIXIE HWY, WILTON MANORS FL 33305 |
Didric Cederholm | other: See Explanation of Responses | 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019 |
Lion Point Holdings Gp, Llc | other: See Explanation of Responses | 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019 |
Lion Point Capital, Lp | other: See Explanation of Responses | 250 WEST 55TH STREET, 33RD FLOOR, NEW YORK NY 10019 |
David M Yates | officer: Chief Information Officer | 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119 |
Harold Iii Singleton | director | C/O WISDOMTREE INVESTMENTS, INC., 230 PARK AVENUE, 3RD FLOOR WEST, NEW YORK NY 10169 |
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