Abrdn Global Dynamic Dividend Fund Balance Sheet Health
Financial Health criteria checks 4/6
Abrdn Global Dynamic Dividend Fund has a total shareholder equity of $246.2M and total debt of $1.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $248.4M and $2.2M respectively. Abrdn Global Dynamic Dividend Fund's EBIT is $15.3M making its interest coverage ratio 1230.1. It has cash and short-term investments of $211.6K.
Key information
0.6%
Debt to equity ratio
US$1.54m
Debt
| Interest coverage ratio | 1230.1x |
| Cash | US$211.65k |
| Equity | US$246.22m |
| Total liabilities | US$2.16m |
| Total assets | US$248.38m |
Recent financial health updates
No updates
Recent updates
AGD: Global Equity Fund With An 8.5% Yield And A Large Discount
Apr 23AGD: A High Fee Closed-End Fund To Avoid
Nov 25AGD: A Solid Global Fund Avoiding Destructive ROC
Sep 05abrdn Global Dynamic Dividend Fund declares $0.065 dividend
Feb 10Aberdeen Global Dynamic Dividend Fund goes ex dividend on monday
Jan 20Aberdeen Global Dynamic Dividend Fund declares $0.065 dividend
Dec 09Aberdeen Global Dynamic Dividend Fund declares $0.065 dividend
Nov 10Aberdeen Global Dynamic Dividend Fund goes ex dividend tomorrow
Oct 20Aberdeen Global Dynamic Dividend Fund goes ex-dividend tomorrow
Sep 21Equity CEFs: DDF Shareholders Got Thrown Under The Bus
Sep 07AGD - Global Equities Fund About To Get Bigger
Aug 22Aberdeen Global Dynamic Dividend Fund declares $0.065 dividend
Jan 12Aberdeen Global Dynamic Dividend Fund declares $0.065 dividend
Dec 09Financial Position Analysis
Short Term Liabilities: AGD's short term assets ($3.3M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: AGD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AGD's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: AGD's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if AGD's debt is well covered by operating cash flow.
Interest Coverage: AGD's interest payments on its debt are well covered by EBIT (1230.1x coverage).