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FFC Net Debt Paydown Yield % : 0.00% (As of Dec. 12, 2024)


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What is Flaherty & Crumrine Preferred andome Securities Fundorporated Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % was 0.00%.


Flaherty & Crumrine Preferred andome Securities Fundorporated Net Debt Paydown Yield % Historical Data

The historical data trend for Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % 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.

* Premium members only.

Flaherty & Crumrine Preferred andome Securities Fundorporated Net Debt Paydown Yield % Chart

Flaherty & Crumrine Preferred andome Securities Fundorporated Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Debt Paydown Yield %
Get a 7-Day Free Trial - - -3.63 -2.07 -

Flaherty & Crumrine Preferred andome Securities Fundorporated Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.81 -2.07 - - -

Competitive Comparison of Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield %

For the Asset Management subindustry, Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % falls into.



Flaherty & Crumrine Preferred andome Securities Fundorporated Net Debt Paydown Yield % Calculation

Flaherty & Crumrine Preferred andome Securities Fundorporated's Net Debt Paydown Yield % for the quarter that ended in May. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 502-502 )/704.360898
=0 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Flaherty & Crumrine Preferred andome Securities Fundorporated  (NYSE:FFC) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Flaherty & Crumrine Preferred andome Securities Fundorporated Net Debt Paydown Yield % Related Terms

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Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a diversified portfolio of preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Treasurer & Secretary 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman, CEO 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chief Acct Of,Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101