Herzfeld Caribbean Basin Fund Balance Sheet Health
Financial Health criteria checks 5/6
Herzfeld Caribbean Basin Fund has a total shareholder equity of $49.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $51.3M and $2.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | US$49.05m |
| Total liabilities | US$2.27m |
| Total assets | US$51.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEC's short term assets ($43.5K) do not cover its short term liabilities ($2.3M).
Long Term Liabilities: HEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HEC is debt free.
Reducing Debt: HEC has not had any debt for past 5 years.
Debt Coverage: HEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HEC has no debt, therefore coverage of interest payments is not a concern.