GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destra Multi-Alternative Fund (NYSE:DMA) » Definitions » Cash-to-Debt

DMA (Destra Multi-Alternative Fund) Cash-to-Debt : 0.00 (As of Mar. 2025)


View and export this data going back to 1990. Start your Free Trial

What is Destra Multi-Alternative 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. Destra Multi-Alternative Fund's cash to debt ratio for the quarter that ended in Mar. 2025 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, Destra Multi-Alternative Fund couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

The historical rank and industry rank for Destra Multi-Alternative Fund's Cash-to-Debt or its related term are showing as below:

During the past 4 years, Destra Multi-Alternative Fund's highest Cash to Debt Ratio was 0.02. The lowest was 0.00. And the median was 0.01.

DMA's Cash-to-Debt is not ranked *
in the Asset Management industry.
Industry Median: 5.94
* Ranked among companies with meaningful Cash-to-Debt only.

Destra Multi-Alternative Fund Cash-to-Debt Historical Data

The historical data trend for Destra Multi-Alternative 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.

Destra Multi-Alternative Fund Cash-to-Debt Chart

Destra Multi-Alternative Fund Annual Data
Trend Feb22 Mar23 Mar24 Mar25
Cash-to-Debt
0.02 - - -

Destra Multi-Alternative Fund Semi-Annual Data
Feb22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Cash-to-Debt Get a 7-Day Free Trial - - - - -

Competitive Comparison of Destra Multi-Alternative Fund's Cash-to-Debt

For the Asset Management subindustry, Destra Multi-Alternative 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.

Destra Multi-Alternative Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Destra Multi-Alternative Fund's Cash-to-Debt falls into.


;
;

Destra Multi-Alternative 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.

Destra Multi-Alternative Fund's Cash to Debt Ratio for the fiscal year that ended in Mar. 2025 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 / (0 + 11)
=0.00

Destra Multi-Alternative Fund's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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 / (0 + 11)
=0.00

* 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.

Destra Multi-Alternative Fund  (NYSE:DMA) 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.

Destra Multi-Alternative Fund Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Destra Multi-Alternative Fund's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Destra Multi-Alternative Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destra Multi-Alternative Fund (NYSE:DMA) » Definitions » Cash-to-Debt
Comparable Companies
RGT DTF PCM GCV IAE PNI SWZ FMN NXC ENDI BLK KKR BX TSX:BN OSTO:INVE A TSX:BAM APO LSE:III AMP OSTO:EQT
Traded in Other Exchanges
N/A
Address
443 North Willson Avenue, Bozeman, MT, USA, 59715
Website
https://www.destracapital.com
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Randi Jean Roessler officer: Chief Compliance Officer C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Robert A. Watson officer: PRESIDENT 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Zach Leeds other: Assistant Portfolio Manager 1710 LARKIN ST, #11, SAN FRANCISCO CA 94109
Kenneth B. Merritt officer: Assistant Secretary 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Gossard Cory J officer: Chief Compliance Officer C/O PINE ADVISER SOLUTIONS, 501 S. CHERRY STREET, SUITE 1090, DENVER CO 80246
Jacob G. Schultz officer: Secretary 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Marcie Mcveigh officer: Assistant Treasurer 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Derek Jason Mullins officer: CFO and Treasurer C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Nicholas Dalmaso director 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Michael Erickson director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Jeffrey S. Murphy director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Aaron Jay Rosen other: Advior Affiliate 10655 CALLE MAR DE MARIPOSA #4101, SAN DIEGO CA 92130