Invesco DB Commodity Index Tracking Fund Balance Sheet Health
Financial Health criteria checks 6/6
Invesco DB Commodity Index Tracking Fund has a total shareholder equity of $2.6B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.7B and $94.5M respectively. Invesco DB Commodity Index Tracking Fund's EBIT is $552.3M making its interest coverage ratio 1581.2. It has cash and short-term investments of $1.3B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1581.2x |
Cash | US$1.28b |
Equity | US$2.64b |
Total liabilities | US$94.49m |
Total assets | US$2.73b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: DBC *'s short term assets ($2.6B) exceed its short term liabilities ($87.1M).
Long Term Liabilities: DBC *'s short term assets ($2.6B) exceed its long term liabilities ($7.4M).
Debt to Equity History and Analysis
Debt Level: DBC * is debt free.
Reducing Debt: DBC * had no debt 5 years ago.
Debt Coverage: DBC * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DBC * has no debt, therefore coverage of interest payments is not a concern.