Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Cash-to-Debt : 0.00 (As of Nov. 2023)

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What is Flaherty & Crumrine Pref&Inc Allocation 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. Flaherty & Crumrine Pref&Inc Allocation's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Flaherty & Crumrine Pref&Inc Allocation couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

The historical rank and industry rank for Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt or its related term are showing as below:

DFP's Cash-to-Debt is not ranked ^*
in the Asset Management industry.
Industry Median: 6.06
* Ranked among companies with meaningful Cash-to-Debt only.

Flaherty & Crumrine Pref&Inc Allocation Cash-to-Debt Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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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Flaherty & Crumrine Pref&Inc Allocation Cash-to-Debt Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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Flaherty & Crumrine Pref&Inc Allocation Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt

For the Asset Management subindustry, Flaherty & Crumrine Pref&Inc Allocation'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.

Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt falls into.

Flaherty & Crumrine Pref&Inc Allocation 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.

Flaherty & Crumrine Pref&Inc Allocation's Cash to Debt Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0	/	(0	+	276.3)
	=	0.00

Flaherty & Crumrine Pref&Inc Allocation's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0	/	(0	+	276.3)
	=	0.00

Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) 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.

Flaherty & Crumrine Pref&Inc Allocation Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Pref&Inc Allocation's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101

Website

https://www.preferredincome.com

Flaherty & Crumrine Pref&Inc Allocation is a diversified, closed-end management investment company. Its investment objective is to seek total return, with an emphasis on high current income.

Executives

Bradford S Stone	officer: CFO and Treasurer, other: Affiliate of Inv. Adviser	47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert E Chadwick	officer: CFO, VP & Treasurer	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf	director	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell	officer: CCO, VP and Secretary	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger	officer: President	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Morgan Gust	director	C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202
Donald F Crumrine	director, officer: Chief Executive Officer	301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale	director	220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Karen Hanovice Hogan	director	301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo	officer: Asst-CompOfficer/Treas/Sec	301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc	other: Investment Adviser	301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert T. Flaherty	other: Affiliated person Inv. Adviser	301 EAST COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101