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Eaton Vance Floating-rateome Trust Cash-to-Debt

: 0.02 (As of May. 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. Eaton Vance Floating-rateome Trust's cash to debt ratio for the quarter that ended in May. 2020 was 0.02.

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, Eaton Vance Floating-rateome Trust couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2020.

NYSE:EFT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.02   Max: 0.02
Current: 0.02

During the past 3 years, Eaton Vance Floating-rateome Trust's highest Cash to Debt Ratio was 0.02. The lowest was 0.02. And the median was 0.02.

NYSE:EFT's Cash-to-Debt is ranked lower than
96% of the 1475 Companies
in the Asset Management industry.

( Industry Median: 19.66 vs. NYSE:EFT: 0.02 )

Eaton Vance 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.

Eaton Vance Floating-rateome Trust Annual Data
May18 May19 May20
Cash-to-Debt 0.02 0.02 0.02

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Cash-to-Debt Premium Member Only 0.02 0.02 0.02 0.02 0.02

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.


Eaton Vance Floating-rateome Trust Cash-to-Debt Distribution

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Cash-to-Debt falls into.



Eaton Vance 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.

Eaton Vance Floating-rateome Trust's Cash to Debt Ratio for the fiscal year that ended in May. 2020 is calculated as:

Eaton Vance Floating-rateome Trust's Cash to Debt Ratio for the quarter that ended in May. 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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.


Eaton Vance Floating-rateome Trust Cash-to-Debt Related Terms


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