Baillie Gifford US Growth Trust (LSE:USA) Cash-to-Debt : 0.12 (As of Nov. 2023)

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What is Baillie Gifford US 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 US Growth Trust's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.12.

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 US Growth Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

LSE:USA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.51 Max: No Debt
Current: 0.12

During the past 5 years, Baillie Gifford US Growth Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 0.51.

LSE:USA's Cash-to-Debt is ranked worse than
81.87% of 1456 companies
in the Asset Management industry
Industry Median: 5.605 vs LSE:USA: 0.12

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

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

Baillie Gifford US Growth Trust Annual Data

Trend

May19

May20

May21

May22

May23

Cash-to-Debt

0.50

1.11

0.70

0.08

0.09

Baillie Gifford US Growth Trust Semi-Annual Data
	Jul18	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial					0.46	0.08	0.19	0.09	0.12

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

For the Asset Management subindustry, Baillie Gifford US 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 US Growth Trust's Cash-to-Debt Distribution in the Asset Management Industry

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

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

Baillie Gifford US 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 US Growth Trust's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	3.44	/	(0	+	40.342)
	=	0.09

Baillie Gifford US Growth Trust's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	4.959	/	(0	+	41.117)
	=	0.12

Baillie Gifford US Growth Trust (LSE:USA) 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 US Growth Trust Cash-to-Debt Related Terms

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Baillie Gifford US Growth Trust (LSE:USA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

USAl:UK

Address

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

Website

https://www.bailliegifford.com

Baillie Gifford US Growth Trust PLC is a closed-end company. Its investment objective is to produce long-term capital growth. It seeks to invest predominantly in listed and unlisted US companies. It invests in equities, multi-asset, and fixed income. The company makes its investments either directly, or through one or more wholly owned subsidiary companies, or through investment funds.