GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard Global Total Return & Inc Fd Inc (NYSE:LGI) » Definitions » Cash-to-Debt

Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Cash-to-Debt : 0.03 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Lazard Global Total Return & Fd 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. Lazard Global Total Return & Fd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Lazard Global Total Return & Fd couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Lazard Global Total Return & Fd's Cash-to-Debt or its related term are showing as below:

LGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.13
Current: 0.03

During the past 7 years, Lazard Global Total Return & Fd's highest Cash to Debt Ratio was 0.13. The lowest was 0.01. And the median was 0.03.

LGI's Cash-to-Debt is ranked worse than
92.77% of 1466 companies
in the Asset Management industry
Industry Median: 5.845 vs LGI: 0.03

Lazard Global Total Return & Fd Cash-to-Debt Historical Data

The historical data trend for Lazard Global Total Return & Fd'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.

* Premium members only.

Lazard Global Total Return & Fd Cash-to-Debt Chart

Lazard Global Total Return & Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial 0.01 0.03 0.13 0.05 0.03

Lazard Global Total Return & Fd 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.01 0.05 0.02 0.03

Competitive Comparison of Lazard Global Total Return & Fd's Cash-to-Debt

For the Asset Management subindustry, Lazard Global Total Return & Fd'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.


Lazard Global Total Return & Fd's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's Cash-to-Debt falls into.



Lazard Global Total Return & Fd 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.

Lazard Global Total Return & Fd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Lazard Global Total Return & Fd's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Lazard Global Total Return & Fd  (NYSE:LGI) 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.


Lazard Global Total Return & Fd Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Lazard Global Total Return & Fd's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Traded in Other Exchanges
N/A
Address
30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
Executives
Christopher Snively officer: Chief Financial Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal officer: Chief Compliance Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey other: Deputy Chairman of LAM (1)
Christina M. Kennedy officer: Assistant Treasurer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg other: See comment* C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson officer: Chief Compliance Officer C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg director C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein officer: Interim CCO & Asst. Secy(1) 30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison director 40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Headlines

From GuruFocus