Abrdn Total Dynamic Dividend Fund Balance Sheet Health
Financial Health criteria checks 3/6
Abrdn Total Dynamic Dividend Fund has a total shareholder equity of $900.3M and total debt of $49.1M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are $951.3M and $51.1M respectively. Abrdn Total Dynamic Dividend Fund's EBIT is $62.8M making its interest coverage ratio 50. It has cash and short-term investments of $746.5K.
Key information
5.4%
Debt to equity ratio
US$49.05m
Debt
| Interest coverage ratio | 50x |
| Cash | US$746.53k |
| Equity | US$900.26m |
| Total liabilities | US$51.06m |
| Total assets | US$951.32m |
Recent financial health updates
No updates
Recent updates
AOD: Long-Term Performance Problems, But A Decent Dividend Fund
Apr 02AOD: Underperforming Global Fund
Jan 16AOD: Moving To Hold, Watch Out For The Merger (Rating Upgrade)
Nov 02AOD: This Dividend Income Fund Is A Lot Better Than The Market Thinks
Oct 03AOD: Highly Diversified Portfolio, Steady Monthly Payouts, Consistent Strong Yield
Jul 18AOD: Continuing To Match The World Stock Index Performance
Feb 20Aberdeen Total Dynamic Dividend Fund declares $0.0575 dividend
Feb 10Aberdeen Total Dynamic Dividend Fund goes ex dividend on monday
Jan 20Aberdeen Total Dynamic Dividend Fund declares $0.0575 dividend
Dec 09Aberdeen Total Dynamic Dividend Fund declares $0.0575 dividend
Nov 10Aberdeen Total Dynamic Dividend Fund goes ex dividend tomorrow
Oct 20Aberdeen Total Dynamic Dividend Fund goes ex-dividend tomorrow
Sep 21Aberdeen Total Dynamic Dividend Fund goes ex-dividend tomorrow
Aug 22AOD: Global Equities CEF, 8.5% Yield
Jun 29Evaluating Closed End Funds: AOD Offers Tech Exposure At A Good Price
Feb 07Evaluating CEFs: AOD Has A Well-Covered Distribution
Aug 21AOD: A Solid Way To Generate A Global Income
Jun 03Aberdeen Total Dynamic Dividend Fund declares $0.0575 dividend
Dec 09Financial Position Analysis
Short Term Liabilities: AOD's short term assets ($12.9M) do not cover its short term liabilities ($50.2M).
Long Term Liabilities: AOD's short term assets ($12.9M) exceed its long term liabilities ($862.6K).
Debt to Equity History and Analysis
Debt Level: AOD's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: AOD's debt to equity ratio has increased from 1.5% to 5.4% over the past 5 years.
Debt Coverage: Insufficient data to determine if AOD's debt is well covered by operating cash flow.
Interest Coverage: AOD's interest payments on its debt are well covered by EBIT (50x coverage).