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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Cash-to-Debt : N/A (As of Dec. 2023)


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What is Madison Covrd Call & Eqt Strtg Fd 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. Madison Covrd Call & Eqt Strtg Fd's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Madison Covrd Call & Eqt Strtg Fd's Cash-to-Debt or its related term are showing as below:

MCN's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.66
* Ranked among companies with meaningful Cash-to-Debt only.

Madison Covrd Call & Eqt Strtg Fd Cash-to-Debt Historical Data

The historical data trend for Madison Covrd Call & Eqt Strtg Fd'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.

Madison Covrd Call & Eqt Strtg Fd Cash-to-Debt Chart

Madison Covrd Call & Eqt Strtg Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Madison Covrd Call & Eqt Strtg Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of Madison Covrd Call & Eqt Strtg Fd's Cash-to-Debt

For the Asset Management subindustry, Madison Covrd Call & Eqt Strtg Fd'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.


Madison Covrd Call & Eqt Strtg Fd's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Madison Covrd Call & Eqt Strtg Fd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Madison Covrd Call & Eqt Strtg Fd's Cash-to-Debt falls into.



Madison Covrd Call & Eqt Strtg Fd 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.

Madison Covrd Call & Eqt Strtg Fd's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Madison Covrd Call & Eqt Strtg Fd's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Madison Covrd Call & Eqt Strtg Fd  (NYSE:MCN) 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.


Madison Covrd Call & Eqt Strtg Fd Cash-to-Debt Related Terms

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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Business Description

Traded in Other Exchanges
N/A
Address
550 Science Drive, Madison, WI, USA, 53711
Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing primarily in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.
Executives
Jill M Friedow director 550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr other: Former Director 550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones director C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan officer: President MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers director 2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson officer: Chief Legal Officer MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege director 11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill officer: CLO and General Counsel 550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot officer: Secretary and Asst Treasurer 550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey officer: Vice President 1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason officer: CCO 2002 E PALMAIRE AVE, PHOENIX AZ 85020