Lazard World Trust Fund (LSE:WTR) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2018)

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What is Lazard World Trust Fund 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. Lazard World Trust Fund's cash to debt ratio for the quarter that ended in Sep. 2018 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, Lazard World Trust Fund could pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

(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 Lazard World Trust Fund's Cash-to-Debt or its related term are showing as below:

LSE:WTR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Lazard World Trust Fund's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

LSE:WTR's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.5 vs LSE:WTR: No Debt

Lazard World Trust Fund Cash-to-Debt Historical Data

The historical data trend for Lazard World Trust 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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Lazard World Trust Fund Cash-to-Debt Chart

Lazard World Trust Fund Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Cash-to-Debt

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N/A

0.05

No Debt

N/A

Lazard World Trust Fund Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	0.07	N/A	No Debt

Competitive Comparison of Lazard World Trust Fund's Cash-to-Debt

For the Asset Management subindustry, Lazard World Trust 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.

Lazard World Trust Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Lazard World Trust 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.

Lazard World Trust Fund's Cash to Debt Ratio for the fiscal year that ended in Mar. 2018 is calculated as:

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

Lazard World Trust Fund's Cash to Debt Ratio for the quarter that ended in Sep. 2018 is calculated as:

Lazard World Trust Fund had no debt ⁽¹⁾.

Lazard World Trust Fund (LSE:WTR) 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.

Lazard World Trust Fund Cash-to-Debt Related Terms

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

Lazard World Trust Fund (LSE:WTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard World Trust Fund (LSE:WTR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

State Street Bank Luxembourg S.C.A., 49, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

http://www.lazardworldtrustfund.com

Lazard World Trust Fund is an investment company registered in Luxembourg. Its investment objective is to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to the underlying net asset value. The company mainly invests in closed-end funds, investment trusts, holding companies and other companies which are traded internationally. It focuses on providing broad exposure to equity markets through investment in closed-ended funds and quoted companies. The company may use gearing and hedging by holding positions by selling short stock indices, stocks, and shares of exchange traded funds.

Lazard World Trust Fund (LSE:WTR) Headlines

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Lazard World Trust Fund (LSE:WTR) Cash-to-Debt : No Debt (1) (As of Sep. 2018)