SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'cash2debt' TWN (Taiwan Fund) Cash-to-Debt
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taiwan Fund Inc (NYSE:TWN) » Definitions » Cash-to-Debt

Taiwan Fund (Taiwan Fund) Cash-to-Debt

: No Debt (1) (As of Aug. 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. Taiwan Fund's cash to debt ratio for the quarter that ended in Aug. 2023 was No Debt (1).

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, Taiwan Fund could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

(1) 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.

The historical rank and industry rank for Taiwan Fund's Cash-to-Debt or its related term are showing as below:

TWN' 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 7 years, Taiwan Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TWN's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.3 vs TWN: No Debt

Taiwan Fund Cash-to-Debt Historical Data

The historical data trend for Taiwan 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.

* Premium members only.

Taiwan Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash-to-Debt
Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Taiwan Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only 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, Taiwan 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.

Taiwan Fund Cash-to-Debt Distribution

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

* The bar in red indicates where Taiwan Fund's Cash-to-Debt falls into.


Taiwan 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.

Taiwan Fund's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Taiwan Fund had no debt (1).

Taiwan Fund's Cash to Debt Ratio for the quarter that ended in Aug. 2023 is calculated as:

Taiwan Fund had no debt (1).

* 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.

Taiwan Fund  (NYSE:TWN) 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.

Taiwan Fund Cash-to-Debt Related Terms

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

Taiwan Fund (Taiwan Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taiwan Fund Inc (NYSE:TWN) » Definitions » Cash-to-Debt
Comparable Companies
TSI IIF TEI RCS BNY CTR RIV FDEU MXF AGD BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
c/o State Street Bank and Trust Company, One Lincoln Street, P.O. Box 5049, Boston, MA, USA, 02111
Website
https://www.thetaiwanfund.com
Taiwan Fund Inc is a diversified closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment predominantly in equity securities listed in Taiwan stock exchange and the Republic of China. In selecting the companies for investments fund's portfolio managers will consider overall growth prospects, competitive position in the respective industry technology, research, and development, productivity, profit margins, return on investment, capital resources, government regulation, management and other factors.
Executives
Anthony Clark director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Maria R. Premole officer: Vice President C/O JAPAN SMALLER CAPITALIZATION FUND, WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Yuichi Nomoto officer: President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Warren Olsen director C/O AETOS ALTERNATIVES MANAGEMENT, LP, 875 THIRD AVENUE, 6TH FLOOR, NEW YORK NY 10022
Aiden Redmond officer: President 1633 BROADWAY, NEW YORK NY 10019
William Kirby director 22 CONCORD AVE., LEXINGTON MA 02421
Thomas Gregory Kamp director 5821 SOUTHWOOD DRIVE, MINNEAPOLIS MN 55437
John Viggiano other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Gem Pushpaharan other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Peter Bonanno other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Douglas Eu other: Affiliated Person C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
Thomas J Fuccillo officer: President 1633 BROADWAY, NEW YORK NY 10019
Xiao Corrina other: Portfolio Manager 5F, NO. 378, FUXING N ROAD, TAIPEI F5 10476
Allianz Global Investors U.s. Holdings Llc other: Affiliated Entity 1633 BROADWAY, NEW YORK NY 10019
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS