Blue Ribbon Income Fund Balance Sheet Health
Financial Health criteria checks 6/6
Blue Ribbon Income Fund has a total shareholder equity of CA$66.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$67.1M and CA$475.0K respectively. Blue Ribbon Income Fund's EBIT is CA$6.1M making its interest coverage ratio 671.6. It has cash and short-term investments of CA$1.9M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 671.6x |
Cash | CA$1.86m |
Equity | CA$66.67m |
Total liabilities | CA$475.05k |
Total assets | CA$67.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RBN.UN's short term assets (CA$2.2M) exceed its short term liabilities (CA$475.0K).
Long Term Liabilities: RBN.UN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RBN.UN is debt free.
Reducing Debt: RBN.UN has not had any debt for past 5 years.
Debt Coverage: RBN.UN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RBN.UN has no debt, therefore coverage of interest payments is not a concern.