Special Opportunities Fund (Special Opportunities Fund) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Special Opportunities Fund 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. Special Opportunities Fund's cash to debt ratio for the quarter that ended in Dec. 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, Special Opportunities Fund could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Special Opportunities Fund's Cash-to-Debt or its related term are showing as below:

SPEpB.PFD' 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, Special Opportunities Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

SPEpB.PFD's Cash-to-Debt is ranked better than
99.93% of 1477 companies
in the Asset Management industry
Industry Median: 5.39 vs SPEpB.PFD: No Debt

Special Opportunities Fund Cash-to-Debt Historical Data

The historical data trend for Special Opportunities 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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Special Opportunities Fund Cash-to-Debt Chart

Special Opportunities Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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N/A

No Debt

Special Opportunities Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	N/A	No Debt	N/A	No Debt

Competitive Comparison of Special Opportunities Fund's Cash-to-Debt

For the Asset Management subindustry, Special Opportunities 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.

Special Opportunities Fund's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Special Opportunities 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.

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

Special Opportunities Fund had no debt ⁽¹⁾.

Special Opportunities Fund's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Special Opportunities Fund had no debt ⁽¹⁾.

Special Opportunities Fund (NYSE:SPEpB.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.

Special Opportunities Fund Cash-to-Debt Related Terms

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Special Opportunities Fund (Special Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Special Opportunities Fund Inc (NYSE:SPEpB.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SPE:USA

Address

615 East Michigan Street, Milwaukee, WI, USA, 53202

Website

https://www.specialopportunitiesfundinc.com

Special Opportunities Fund Inc is the United States based closed-end diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.