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First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Net Debt Paydown Yield % : 0% (As of Apr. 27, 2024)


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What is First Asset CanBanc Split 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, First Asset CanBanc Split's Net Debt Paydown Yield % was 0%.


First Asset CanBanc Split Net Debt Paydown Yield % Historical Data

The historical data trend for First Asset CanBanc Split'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.

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First Asset CanBanc Split Net Debt Paydown Yield % Chart

First Asset CanBanc Split Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Debt Paydown Yield %
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First Asset CanBanc Split Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of First Asset CanBanc Split's Net Debt Paydown Yield %

For the Asset Management subindustry, First Asset CanBanc Split'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.


First Asset CanBanc Split's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Asset CanBanc Split's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where First Asset CanBanc Split's Net Debt Paydown Yield % falls into.



First Asset CanBanc Split Net Debt Paydown Yield % Calculation

First Asset CanBanc Split's Net Debt Paydown Yield % for the quarter that ended in Jun. 2015 is calculated as:

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


First Asset CanBanc Split  (TSX:CBU.PR.A.PFD) 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.


First Asset CanBanc Split Net Debt Paydown Yield % Related Terms

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First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Business Description

Traded in Other Exchanges
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Address
First Asset CanBanc Split Corp was incorporated under the laws of the Province of Ontario on September 5, 2008, is a mutual fund corporation whose investment portfolio consists of common shares of the six largest Canadian banks. The Fund's objectives in managing its capital with respect to the preferred shares are to provide preferred shareholders with fixed cumulative preferential quarterly cash distributions in the amount of $0.1625 per preferred share and to return the original issue price to preferred shareholders at the time of redemption of such shares on or about January 15, 2016. The Fund's objectives in managing its capital with respect to the Class A shares are to provide Class A shareholders with the opportunity to participate in the performance of the Fund's portfolio on a leveraged basis and to benefit from any increase in the dividends from the securities in the Fund's portfolio.

First Asset CanBanc Split (TSX:CBU.PR.A.PFD) Headlines

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