Baillie Gifford UK Growth Trust (LSE:BGUK) Cash-to-Debt : 0.32 (As of Oct. 2023)

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What is Baillie Gifford UK Growth 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. Baillie Gifford UK Growth Trust's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.32.

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, Baillie Gifford UK Growth Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

The historical rank and industry rank for Baillie Gifford UK Growth Trust's Cash-to-Debt or its related term are showing as below:

LSE:BGUK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: No Debt Max: No Debt
Current: 0.32

During the past 13 years, Baillie Gifford UK Growth Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was No Debt.

LSE:BGUK's Cash-to-Debt is ranked worse than
71.33% of 1451 companies
in the Asset Management industry
Industry Median: 6.06 vs LSE:BGUK: 0.32

Baillie Gifford UK Growth Trust Cash-to-Debt Historical Data

The historical data trend for Baillie Gifford UK Growth 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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Baillie Gifford UK Growth Trust Cash-to-Debt Chart

Baillie Gifford UK Growth Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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No Debt

0.76

0.23

0.38

Baillie Gifford UK Growth Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															3.10	0.23	0.37	0.38	0.32

Competitive Comparison of Baillie Gifford UK Growth Trust's Cash-to-Debt

For the Asset Management subindustry, Baillie Gifford UK Growth 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.

Baillie Gifford UK Growth Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

* The bar in red indicates where Baillie Gifford UK Growth Trust's Cash-to-Debt falls into.

Baillie Gifford UK Growth Trust 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.

Baillie Gifford UK Growth Trust's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	5.512	/	(0	+	14.45)
	=	0.38

Baillie Gifford UK Growth Trust's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	5.248	/	(0	+	16.35)
	=	0.32

Baillie Gifford UK Growth Trust (LSE:BGUK) 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.

Baillie Gifford UK Growth Trust Cash-to-Debt Related Terms

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

Baillie Gifford UK Growth Trust (LSE:BGUK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Baillie Gifford UK Growth Trust PLC (LSE:BGUK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BGUKl:UK

Address

28 St James’s Square, Grimaldi House, 1st Floor, London, GBR, SW1Y 4JH

Website

https://www.bailliegifford.com

Baillie Gifford UK Growth Trust PLC is an investment company and carries on business as an investment trust. The company invests in a portfolio of between 35 and 65 stocks principally selected for their potential to provide shareholders with attractive returns relative to the FTSE All-Share Index. The portfolio is invested primarily in listed UK equities. The principal investment objective of the company is to achieve capital growth predominantly from investment in UK equities, with the aim of providing a total return in excess of the FTSE All-Share Index.

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