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Gabelli Multimedia Trust Cash-to-Debt

: No Debt (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. Gabelli Multimedia Trust's cash to debt ratio for the quarter that ended in Jun. 2020 was No Debt.

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 Multimedia Trust could pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

NYSE:GGT' 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 3 years, Gabelli Multimedia Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NYSE:GGT's Cash-to-Debt is ranked higher than
100% of the 1462 Companies
in the Asset Management industry.

( Industry Median: 17.66 vs. NYSE:GGT: No Debt )

Gabelli Multimedia 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.

Gabelli Multimedia Trust Annual Data
Dec17 Dec18 Dec19
Cash-to-Debt No Debt No Debt No Debt

Gabelli Multimedia Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Cash-to-Debt Premium Member Only N/A No Debt No Debt No Debt No Debt

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.


Gabelli Multimedia Trust Cash-to-Debt Distribution

* The bar in red indicates where Gabelli Multimedia Trust's Cash-to-Debt falls into.



Gabelli Multimedia 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.

Gabelli Multimedia Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Gabelli Multimedia Trust had no debt.

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

Gabelli Multimedia Trust had no debt.

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


Gabelli Multimedia Trust  (NYSE:GGT) 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.


Gabelli Multimedia Trust Cash-to-Debt Related Terms


Gabelli Multimedia Trust Cash-to-Debt Headlines

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