Bancroft Fund (Bancroft Fund) Cash-to-Debt

: N/A (As of Oct. 2022)

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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. Bancroft Fund's cash to debt ratio for the quarter that ended in Oct. 2022 was N/A.

The historical rank and industry rank for Bancroft Fund's Cash-to-Debt or its related term are showing as below:

BCV's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.265
* Ranked among companies with meaningful Cash-to-Debt only.

Bancroft Fund Cash-to-Debt Historical Data

The historical data trend for Bancroft 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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Bancroft Fund Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Cash-to-Debt

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No Debt

Bancroft Fund Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	-	No Debt	N/A

Competitive Comparison

For the Asset Management subindustry, Bancroft 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.

Bancroft Fund Cash-to-Debt Distribution

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

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

Bancroft 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.

Bancroft Fund's Cash to Debt Ratio for the fiscal year that ended in Oct. 2021 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0	/	(0	+	0.001)
	=	0.00

Bancroft Fund's Cash to Debt Ratio for the quarter that ended in Oct. 2022 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Bancroft Fund (AMEX:BCV) 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.

Bancroft Fund Cash-to-Debt Related Terms

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

Bancroft Fund (Bancroft Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bancroft Fund Ltd (AMEX:BCV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BCV.PRA.PFD:USA

Address

One Corporate Center, Rye, New York, NY, USA, 10580-1422

Website

http://www.gabelli.com

Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.

Executives

Mario J Gabelli	director, other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kinchen C Bizzell	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Jane D Okeeffe	director, officer: President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVE, MORRISTOWN NJ 07960
James P Conn	director
Mercedes A Pierre	other: former Vice President and CCO	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
James Andrew Dinsmore	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Germaine M Ortiz	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Peter M Finnican	other: Adviser's Marketing Director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960

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