What is Gabelli Healthcare & WellnessRx 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. Gabelli Healthcare & WellnessRx Trust's cash to debt ratio for the quarter that ended in Dec. 2023 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, Gabelli Healthcare & WellnessRx Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
(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 Gabelli Healthcare & WellnessRx Trust's Cash-to-Debt or its related term are showing as below:
GRXpB.PFD'
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 7 years, Gabelli Healthcare & WellnessRx Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
Gabelli Healthcare & WellnessRx Trust Cash-to-Debt Historical Data
The historical data trend for Gabelli Healthcare & WellnessRx 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.
Gabelli Healthcare & WellnessRx Trust Cash-to-Debt Chart
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Gabelli Healthcare & WellnessRx Trust Annual Data
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Trend |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
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N/A |
No Debt |
- |
No Debt |
No Debt |
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Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
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Dec17 |
Jun18 |
Dec18 |
Jun19 |
Dec19 |
Jun20 |
Dec20 |
Jun21 |
Dec21 |
Jun22 |
Dec22 |
Jun23 |
Dec23 |
| Cash-to-Debt |
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- |
No Debt |
No Debt |
No Debt |
No Debt |
Competitive Comparison of Gabelli Healthcare & WellnessRx Trust's Cash-to-Debt
For the Asset Management subindustry, Gabelli Healthcare & WellnessRx 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.
Gabelli Healthcare & WellnessRx Trust's Cash-to-Debt Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Cash-to-Debt falls into.
Gabelli Healthcare & WellnessRx 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.
Gabelli Healthcare & WellnessRx Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Gabelli Healthcare & WellnessRx Trust had no debt (1).
Gabelli Healthcare & WellnessRx Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
Gabelli Healthcare & WellnessRx Trust 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.
Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description
Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.
Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Headlines
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