Soundvest Split Trust (TSX:BSD.PR.A.PFD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2018)

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What is Soundvest Split Trust 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. Soundvest Split Trust's cash to debt ratio for the quarter that ended in Dec. 2018 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, Soundvest Split Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

(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 Soundvest Split Trust's Cash-to-Debt or its related term are showing as below:

TSX:BSD.PR.A.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Soundvest Split Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

TSX:BSD.PR.A.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.79 vs TSX:BSD.PR.A.PFD: No Debt

Soundvest Split Trust Cash-to-Debt Historical Data

The historical data trend for Soundvest Split Trust'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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Soundvest Split Trust Cash-to-Debt Chart

Soundvest Split Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

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Dec17

Dec18

Cash-to-Debt

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No Debt

Soundvest Split Trust Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Soundvest Split Trust's Cash-to-Debt

For the Asset Management subindustry, Soundvest Split Trust'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.

Soundvest Split Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Soundvest Split Trust's Cash-to-Debt falls into.

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Soundvest Split Trust Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities 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.

Soundvest Split Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Soundvest Split Trust had no debt ⁽¹⁾.

Soundvest Split Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2018 is calculated as:

Soundvest Split Trust had no debt ⁽¹⁾.

Soundvest Split Trust (TSX:BSD.PR.A.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.

Soundvest Split Trust Cash-to-Debt Related Terms

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

Soundvest Split Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Soundvest Split Trust (TSX:BSD.PR.A.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Sparks Street, 9th Floor, Ottawa, ON, CAN, K1P 5B7

Website

http://www.soundvestcapital.com

Soundvest Split Trust is a Canada based fund. It invests in a diversified portfolio consisting of common and preferred shares of Canadian issuers, income securities, bonds and debentures, income trusts, real estate investment trusts (REITs), Canadian mortgage-backed securities, and cash and cash equivalents. The fund's investment objectives are to provide unitholders with a stable stream of quarterly distributions and maximize long-term total return to unitholders. Geographically, the company operates in Canada region.

Soundvest Split Trust Headlines

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Soundvest Split Trust (TSX:BSD.PR.A.PFD) Cash-to-Debt : No Debt (1) (As of Dec. 2018)