Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Cash-to-Debt

: 0.00 (As of Dec. 2023)

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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. Cohen & Steers REIT and Preferredome Fund's cash to debt ratio for the quarter that ended in Dec. 2023 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, Cohen & Steers REIT and Preferredome Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Cohen & Steers REIT and Preferredome Fund's Cash-to-Debt or its related term are showing as below:

During the past 7 years, Cohen & Steers REIT and Preferredome Fund's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

RNP's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.3
* Ranked among companies with meaningful Cash-to-Debt only.

Cohen & Steers REIT and Preferredome Fund Cash-to-Debt Historical Data

The historical data trend for Cohen & Steers REIT and Preferredome 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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Cohen & Steers REIT and Preferredome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

Cohen & Steers REIT and Preferredome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt									0.01	-	-	-	-

Competitive Comparison

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome 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.

Cohen & Steers REIT and Preferredome Fund Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Cohen & Steers REIT and Preferredome Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's Cash-to-Debt falls into.

Cohen & Steers REIT and Preferredome 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.

Cohen & Steers REIT and Preferredome Fund's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.147	/	(0	+	450)
	=	0.00

Cohen & Steers REIT and Preferredome Fund's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.147	/	(0	+	450)
	=	0.00

Cohen & Steers REIT and Preferredome Fund (NYSE:RNP) 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.

Cohen & Steers REIT and Preferredome Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cohen & Steers REIT and Preferred Income Fund Inc (NYSE:RNP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.cohenandsteers.com

Cohen & Steers REIT and Preferred Income Fund Inc is a diversified, closed-ended investment management fund. Its investment objective is to provide high current income with capital appreciation as its secondary objective. The Fund invests at least 80% of its total assets in common stocks issued by real estate investment trusts (REITs) and preferred securities under normal circumstances.

Executives

William F Scapell	officer: Vice President, other: Portfolio Manager	C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Ramona Lynn Rogers-windsor	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jane F. Magpiong	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Elaine Zaharis-nikas	other: Portfolio Manager	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost	other: Portfolio Manager	280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Adam M Derechin	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edward C Delk	officer: See Remarks	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery	officer: Assistant Secretary	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr	director	C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy	officer: Deputy CCO	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon	other: Portfolio Manager	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner	other: Portfolio Manager	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo	officer: Assistant Secretary	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Headlines

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