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PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Cash-to-Debt : 0.00 (As of Jan. 2024)


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What is PGIM Global High Yield Fund, 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. PGIM Global High Yield Fund,'s cash to debt ratio for the quarter that ended in Jan. 2024 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, PGIM Global High Yield Fund, 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 PGIM Global High Yield Fund,'s Cash-to-Debt or its related term are showing as below:

During the past 7 years, PGIM Global High Yield Fund,'s highest Cash to Debt Ratio was 0.06. The lowest was 0.00. And the median was 0.01.

GHY's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.605
* Ranked among companies with meaningful Cash-to-Debt only.

PGIM Global High Yield Fund, Cash-to-Debt Historical Data

The historical data trend for PGIM Global High Yield Fund,'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.

PGIM Global High Yield Fund, Cash-to-Debt Chart

PGIM Global High Yield Fund, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash-to-Debt
Get a 7-Day Free Trial 0.01 - 0.01 0.06 -

PGIM Global High Yield Fund, Semi-Annual Data
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 0.05 0.06 0.06 - -

Competitive Comparison of PGIM Global High Yield Fund,'s Cash-to-Debt

For the Asset Management subindustry, PGIM Global High Yield Fund,'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.


PGIM Global High Yield Fund,'s Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PGIM Global High Yield Fund,'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PGIM Global High Yield Fund,'s Cash-to-Debt falls into.



PGIM Global High Yield Fund, 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.

PGIM Global High Yield Fund,'s Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

PGIM Global High Yield Fund,'s Cash to Debt Ratio for the quarter that ended in Jan. 2024 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.


PGIM Global High Yield Fund,  (NYSE:GHY) 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.


PGIM Global High Yield Fund, Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of PGIM Global High Yield Fund,'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Business Description

Traded in Other Exchanges
N/A
Address
655 Broad Street, 6th Floor, Newark, NJ, USA, 07102
PGIM Global High Yield Fund, Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide a high level of current income. The fund seeks to provide a high level of current income by investing in higher-rated, below-investment-grade fixed income instruments of issuers located around the world, including emerging markets.
Executives
Robert Cignarella other: Portfolio Manager 100 MULBERRY STREET, NEWARK NJ 07102
Barry H Evans director C/O PGIM INVESTMENTS, 655 BROAD STREET, NEWARK NJ 07102
Andrew Donohue officer: Chief Compliance Officer 655 BROAD STREET, NEWARK NJ 07102
Brian J Lalli other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Robert Mccormack officer: Assistant Treasurer 655 BROAD ST., NEWARK NJ 07102
Michael Lillard other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Isabelle Sajous officer: Chief Compliance Officer 655 BROAD ST., NEWARK NJ 07102
Michael Joseph Gormally other: Portfolio Manager 655 BROAD STREET, NEWARK NJ 07102
Gregory J Peters other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Craig C Dewling other: Co-Chief Investment Officer 655 BROAD STREET, NEWARK NJ 07102
Brian Reid director C/O PGIM INVESTMENTS LLC, 655 BROAD STREET, NEWARK NJ 07102
Debra Rubano officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, NEWARK NJ 07102
Patrick Mcguinness officer: Assistant Secretary 655 BROAD STREET, PRUDENTIAL TOWER SOUTH, 17TH FLOOR, NEWARK NJ 07102
Melissa Gonzalez officer: Assistant Secretary 655 BROAD STREET, NEWARK NJ 07102
Russ Shupak officer: Assistant Treasurer 655 BROAD STREET, NEWARK NJ 07102

PGIM Global High Yield Fund, (PGIM Global High Yield Fund,) Headlines