Pioneer Diversified Highome Trust (Pioneer Diversified Highome Trust) Cash-to-Debt : 0.00 (As of Oct. 2023)

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What is Pioneer Diversified Highome 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. Pioneer Diversified Highome Trust's cash to debt ratio for the quarter that ended in Oct. 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, Pioneer Diversified Highome 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 Pioneer Diversified Highome Trust's Cash-to-Debt or its related term are showing as below:

During the past 13 years, Pioneer Diversified Highome Trust's highest Cash to Debt Ratio was 0.10. The lowest was 0.00. And the median was 0.01.

HNW'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.

Pioneer Diversified Highome Trust Cash-to-Debt Historical Data

The historical data trend for Pioneer Diversified Highome 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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Pioneer Diversified Highome Trust Cash-to-Debt Chart

Pioneer Diversified Highome Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.01

Pioneer Diversified Highome 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															0.02	-	-	0.01	-

Competitive Comparison of Pioneer Diversified Highome Trust's Cash-to-Debt

For the Asset Management subindustry, Pioneer Diversified Highome 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.

Pioneer Diversified Highome Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Diversified Highome Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pioneer Diversified Highome Trust's Cash-to-Debt falls into.

Pioneer Diversified Highome 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.

Pioneer Diversified Highome 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)
	=	0.432	/	(0	+	42.575)
	=	0.01

Pioneer Diversified Highome 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)
	=	0.108	/	(0	+	43.325)
	=	0.00

Pioneer Diversified Highome Trust (AMEX:HNW) 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.

Pioneer Diversified Highome Trust Cash-to-Debt Related Terms

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

Pioneer Diversified Highome Trust (Pioneer Diversified Highome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pioneer Diversified High Income Trust (AMEX:HNW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 State Street, Boston, MA, USA, 02109

Website

https://www.amundi.com

Pioneer Diversified High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income as well as capital appreciation. The company invests in various sectors such as Health Care Technology, Household Durables, Oil, Gas and Consumable Fuels, Specialty Retail, Banks, Chemicals, Financial Services, and others. It also invests in convertible bonds, common stock, asset-backed securities, and the U.S Treasury.

Executives

Yana Karalnik	officer: CHIEF COMPLIANCE OFFICER	60 STATE STREET, BOSTON MA 02109
Lawrence R Zeno	other: Affiliated Person	60 STATE STREET, BOSTON MA 02109
Michael Melnick	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr	officer: Treasurer	60 STATE STREET, BOSTON MA 02109
Craig C Mackay	officer: Trustee	75 WEST 125TH STREET, NEW YORK NY 10027
George W Karpus	other: See Explanation of Responses
Andrew Feltus	other: Affiliated Person	60 STATE ST, BOSTON MA 02109
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Diane Durnin	other: Trustee	60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr.	other: Trustee	60 STATE STREET, BOSTON MA 02109
John Michael Malone	officer: Chief Compliance Officer	60 STATE STREET, BOSTON MA 02019
Mark Edward Bradley	officer: Assistant Treasurer	60 STATE STREET, BOSTON MA 02109
Chin Liu	other: Affiliated Person	PIONEER INVESTMENTS, 60 STATE STREET, BOSTON MA 02109
Lorraine H Monchak	other: Trustee	60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi	other: Trustee	60 STATE STREET, BOSTON MA 02109

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