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First Trust Energy Income & Growth Fund  (AMEX:FEN) Cash-to-Debt: 0.09 (As of May. 2017)

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. First Trust Energy Income & Growth Fund's cash to debt ratio for the quarter that ended in May. 2017 was 0.09.

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, First Trust Energy Income & Growth Fund couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2017.

AMEX:FEN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Max: 0.24
Current: 0.09

0.01
0.24

During the past 7 years, First Trust Energy Income & Growth Fund's highest Cash to Debt Ratio was 0.24. The lowest was 0.01. And the median was 0.07.

AMEX:FEN's Cash-to-Debt is ranked lower than
93% of the 1565 Companies
in the Global industry.

( Industry Median: 9999.00 vs. AMEX:FEN: 0.09 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Energy Income & Growth Fund Annual Data

Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Cash-to-Debt Premium Member Only Premium Member Only 0.01 0.16 0.24 0.03 0.07

First Trust Energy Income & Growth Fund Semi-Annual Data

May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.03 0.17 0.07 0.09

Competitive Comparison
* 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.


Calculation

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

First Trust Energy Income & Growth Fund's Cash to Debt Ratio for the fiscal year that ended in Nov. 2016 is calculated as:

First Trust Energy Income & Growth Fund's Cash to Debt Ratio for the quarter that ended in May. 2017 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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