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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Adams Diversified Equity 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. Adams Diversified Equity Fund'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, Adams Diversified Equity Fund 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 Adams Diversified Equity Fund's Cash-to-Debt or its related term are showing as below:

ADX' 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, Adams Diversified Equity Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ADX's Cash-to-Debt is ranked better than
99.93% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs ADX: No Debt

Adams Diversified Equity Fund Cash-to-Debt Historical Data

The historical data trend for Adams Diversified Equity 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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Adams Diversified Equity Fund Cash-to-Debt Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Adams Diversified Equity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Adams Diversified Equity Fund's Cash-to-Debt

For the Asset Management subindustry, Adams Diversified Equity 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.


Adams Diversified Equity Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

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



Adams Diversified Equity 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.

Adams Diversified Equity Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Adams Diversified Equity Fund had no debt (1).

Adams Diversified Equity Fund's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Adams Diversified Equity Fund 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.


Adams Diversified Equity Fund  (NYSE:ADX) 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.


Adams Diversified Equity Fund Cash-to-Debt Related Terms

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


Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103