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Blackrock Floating Rateome Trust Cash-to-Debt

: 0.00 (As of Jun. 2020)
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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. Blackrock Floating Rateome Trust's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Blackrock Floating Rateome Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

NYSE:BGT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.04
Current: 0.01

0
0.04

During the past 2 years, Blackrock Floating Rateome Trust's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

NYSE:BGT's Cash-to-Debt is ranked lower than
97% of the 1475 Companies
in the Asset Management industry.

( Industry Median: 19.66 vs. NYSE:BGT: 0.01 )

Blackrock Floating Rateome Trust Cash-to-Debt 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.

Blackrock Floating Rateome Trust Annual Data
Oct17 Oct18
Cash-to-Debt 0.01 0.01

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20
Cash-to-Debt Premium Member Only 0.02 0.01 0.00 0.04 0.00

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.


Blackrock Floating Rateome Trust Cash-to-Debt Distribution

* The bar in red indicates where Blackrock Floating Rateome Trust's Cash-to-Debt falls into.



Blackrock Floating Rateome Trust Cash-to-Debt Calculation

This is the ratio of a company's 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.

Blackrock Floating Rateome Trust's Cash to Debt Ratio for the fiscal year that ended in Oct. 2018 is calculated as:

Blackrock Floating Rateome Trust's Cash to Debt Ratio for the quarter that ended in Jun. 2020 is calculated as:

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


Blackrock Floating Rateome Trust  (NYSE:BGT) 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.


Blackrock Floating Rateome Trust Cash-to-Debt Related Terms


Blackrock Floating Rateome Trust Cash-to-Debt Headlines

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