Tri-Continental (Tri-Continental) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Tri-Continental Cash-to-Debt?

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. Tri-Continental's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

During the past 8 years, Tri-Continental's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TYp.PFD's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 5.5
* Ranked among companies with meaningful Cash-to-Debt only.

Tri-Continental Cash-to-Debt Historical Data

The historical data trend for Tri-Continental'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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Tri-Continental Cash-to-Debt Chart

Tri-Continental Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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N/A

No Debt

N/A

Tri-Continental Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									N/A	N/A	N/A	N/A	N/A

Competitive Comparison of Tri-Continental's Cash-to-Debt

For the Asset Management subindustry, Tri-Continental'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.

Tri-Continental's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Tri-Continental 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.

Tri-Continental's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Tri-Continental's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Tri-Continental (NYSE:TYp.PFD) 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.

Tri-Continental Cash-to-Debt Related Terms

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

Tri-Continental (Tri-Continental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tri-Continental Corp (NYSE:TYp.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TY:USA

Address

290 Congress Street, Boston, MA, USA, 02110

Website

https://www.columbiathreadneedleus.com

Tri-Continental Corp is a United States-based closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.