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Virtus Dividend, Interest & Premium Strategy Fund Cash-to-Debt

: No Debt (As of Jan. 2022)
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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. Virtus Dividend, Interest & Premium Strategy Fund's cash to debt ratio for the quarter that ended in Jan. 2022 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, Virtus Dividend, Interest & Premium Strategy Fund could pay off its debt using the cash in hand for the quarter that ended in Jan. 2022.

The historical rank and industry rank for Virtus Dividend, Interest & Premium Strategy Fund's Cash-to-Debt or its related term are showing as below:

NFJ' 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 5 years, Virtus Dividend, Interest & Premium Strategy Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NFJ's Cash-to-Debt is ranked better than
99.93% of 1463 companies
in the Asset Management industry
Industry Median: 11.13 vs NFJ: No Debt

Virtus Dividend, Interest & Premium Strategy Fund Cash-to-Debt Historical Data

The historical data trend for Virtus Dividend, Interest & Premium Strategy 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.

* Premium members only.

Virtus Dividend, Interest & Premium Strategy Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22
Cash-to-Debt
No Debt N/A No Debt No Debt No Debt

Virtus Dividend, Interest & Premium Strategy Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Cash-to-Debt 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

For the Asset Management subindustry, Virtus Dividend, Interest & Premium Strategy 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.

   

Virtus Dividend, Interest & Premium Strategy Fund Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Virtus Dividend, Interest & Premium Strategy Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Virtus Dividend, Interest & Premium Strategy Fund's Cash-to-Debt falls into.



Virtus Dividend, Interest & Premium Strategy Fund 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.

Virtus Dividend, Interest & Premium Strategy Fund's Cash to Debt Ratio for the fiscal year that ended in Jan. 2022 is calculated as:

Virtus Dividend, Interest & Premium Strategy Fund had no debt.

Virtus Dividend, Interest & Premium Strategy Fund's Cash to Debt Ratio for the quarter that ended in Jan. 2022 is calculated as:

Virtus Dividend, Interest & Premium Strategy Fund had no debt.

* 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.


Virtus Dividend, Interest & Premium Strategy Fund  (NYSE:NFJ) 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.


Virtus Dividend, Interest & Premium Strategy Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Virtus Dividend, Interest & Premium Strategy Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Dividend, Interest & Premium Strategy Fund Business Description

Virtus Dividend, Interest & Premium Strategy Fund logo
Industry
Financial Services » Asset Management NAICS : 523991 SIC : 6733
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus Dividend, Interest & Premium Strategy Fund is a Massachusetts-based business trust. Its primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. The fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities.
Executives
Mowrey John R. other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Oliver Thomas W Jr other: Affiliated Person 2121 SAN JACINTO DRIVE DALLAS TX 75201
Pushpaharan Gem other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Viggiano John other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Cogan Sarah E director 1633 BROADWAY NEW YORK NY 10019
Macleod James S director 250 E KILBOURN AVE MILWAUKEE WI 53202
Parker Jeffrey D other: See Remarks 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Holt Erick director 1633 BROADWAY NEW YORK NY 10019
Ruckman Craig officer: Assistant Secretary 1633 BROADWAY NEW YORK NY 10019
Rappaport Alan director C/O PIMCO 650 NEWPORT CENTER DRIVE NEWPORT BEACH CA 92660
Magnuson Paul A other: Portfolio Manager 2121 SAN JACINTO, SUITE 1840 DALLAS TX 75201
Mildner Heiko other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Thompson Kathleen C. other: Affiliated Person 1633 BROADWAY NEW YORK NY 10019
Fischer Ben J other: Portfolio Manager 1633 BROADWAY NEW YORK NY 10019
Grau William other: SEE REMARKS C/O ALLIANZ GLOBAL INVESTORS U.S. LLC 1633 BROADWAY NEW YORK NY 10019

Virtus Dividend, Interest & Premium Strategy Fund Headlines

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