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abrdn Private Equity Opportunities Trust (LSE:PPET) Cash-to-Debt : 0.09 (As of Sep. 2023)


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What is abrdn Private Equity Opportunities 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. abrdn Private Equity Opportunities Trust's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.09.

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, abrdn Private Equity Opportunities Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for abrdn Private Equity Opportunities Trust's Cash-to-Debt or its related term are showing as below:

LSE:PPET' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09   Med: No Debt   Max: No Debt
Current: 0.09

During the past 13 years, abrdn Private Equity Opportunities Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was No Debt.

LSE:PPET's Cash-to-Debt is ranked worse than
84.27% of 1475 companies
in the Asset Management industry
Industry Median: 5.39 vs LSE:PPET: 0.09

abrdn Private Equity Opportunities Trust Cash-to-Debt Historical Data

The historical data trend for abrdn Private Equity Opportunities 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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abrdn Private Equity Opportunities Trust Cash-to-Debt Chart

abrdn Private Equity Opportunities Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt 0.49 0.09

abrdn Private Equity Opportunities Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 No Debt 1.09 0.49 0.22 0.09

Competitive Comparison of abrdn Private Equity Opportunities Trust's Cash-to-Debt

For the Asset Management subindustry, abrdn Private Equity Opportunities 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.


abrdn Private Equity Opportunities Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Private Equity Opportunities Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where abrdn Private Equity Opportunities Trust's Cash-to-Debt falls into.



abrdn Private Equity Opportunities 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.

abrdn Private Equity Opportunities Trust's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

abrdn Private Equity Opportunities Trust's Cash to Debt Ratio for the quarter that ended in Sep. 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.


abrdn Private Equity Opportunities Trust  (LSE:PPET) 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.


abrdn Private Equity Opportunities Trust Cash-to-Debt Related Terms

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abrdn Private Equity Opportunities Trust (LSE:PPET) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
abrdn Private Equity Opportunities Trust PLC is a UK-based investment trust company. The company's investment objective is to achieve long-term capital gains by holding a diversified portfolio of private equity funds investing predominantly in Europe. It mainly focuses on investing in European private equity funds investing in mid to large-sized buy-outs. The company adopts a policy to maintain a broadly diversified portfolio by country, industry sector, maturity and number of underlying investments.

abrdn Private Equity Opportunities Trust (LSE:PPET) Headlines

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