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Martin Currie Global Portfolio Trust (LSE:MNP) Cash-to-Debt : 0.19 (As of Jan. 2024)


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What is Martin Currie Global Portfolio 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. Martin Currie Global Portfolio Trust's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.19.

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, Martin Currie Global Portfolio Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Martin Currie Global Portfolio Trust's Cash-to-Debt or its related term are showing as below:

LSE:MNP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: No Debt   Max: No Debt
Current: 0.19

During the past 13 years, Martin Currie Global Portfolio Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was No Debt.

LSE:MNP's Cash-to-Debt is ranked worse than
77.41% of 1470 companies
in the Asset Management industry
Industry Median: 5.845 vs LSE:MNP: 0.19

Martin Currie Global Portfolio Trust Cash-to-Debt Historical Data

The historical data trend for Martin Currie Global Portfolio 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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Martin Currie Global Portfolio Trust Cash-to-Debt Chart

Martin Currie Global Portfolio Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.34 0.22 0.04 0.19

Martin Currie Global Portfolio Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.03 0.04 0.07 0.19

Competitive Comparison of Martin Currie Global Portfolio Trust's Cash-to-Debt

For the Asset Management subindustry, Martin Currie Global Portfolio 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.

Martin Currie Global Portfolio Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Martin Currie Global Portfolio Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Martin Currie Global Portfolio Trust's Cash-to-Debt falls into.


Martin Currie Global Portfolio 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.

Martin Currie Global Portfolio Trust's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 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)
=1.922 / (0 + 10)
=0.19

Martin Currie Global Portfolio Trust's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
=1.922 / (0 + 10)
=0.19

* 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.

Martin Currie Global Portfolio Trust  (LSE:MNP) 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.

Martin Currie Global Portfolio Trust Cash-to-Debt Related Terms

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Martin Currie Global Portfolio Trust (LSE:MNP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Martin Currie Global Portfolio Trust PLC (LSE:MNP) » Definitions » Cash-to-Debt
Comparable Companies
LSE:IBT LSE:ADIG LSE:BGUK LSE:ASLI LSE:AERI LSE:DGI9 LSE:MTE LSE:JUSC LSE:DIVI LSE:CCJI BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
MNPl:UK
Address
5 Morrison Street, Edinburgh, GBR, EH3 8BH
Website
https://www.martincurrieglobal.com
Martin Currie Global Portfolio Trust PLC is a United Kingdom-based investment trust. Its core revenues are generated from long-term borrowings from investors. The company's objective is to produce long-term returns in excess of the total return from the MSCI All Country World index. It invests in a range of sectors, such as financials, consumer services, industrials, Information technology, Materials, healthcare, telecommunications, Real Estate, Energy and Utilities across North America, Europe, the Middle East, the United Kingdom, Asia Pacific, and Japan.