Eaton Vance Senior Floating-Rate Trust Balance Sheet Health
Financial Health criteria checks 5/6
Eaton Vance Senior Floating-Rate Trust has a total shareholder equity of $446.7M and total debt of $120.0M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are $577.1M and $130.4M respectively. Eaton Vance Senior Floating-Rate Trust's EBIT is $36.8M making its interest coverage ratio 6.6. It has cash and short-term investments of $8.5M.
Key information
26.9%
Debt to equity ratio
US$120.00m
Debt
Interest coverage ratio | 6.6x |
Cash | US$8.48m |
Equity | US$446.71m |
Total liabilities | US$130.43m |
Total assets | US$577.13m |
Recent financial health updates
No updates
Recent updates
EFR: Reaching Pre-Covid Price Highs (Rating Downgrade)
Mar 06EFR: Hedge Your Interest-Rate Risk At A Discount
Dec 14EFR: Leveraged Loan Fund For A Soft Landing, 10% Yield
Sep 12Eaton Vance Senior Floating-Rate Fund declares $0.099 dividend
Feb 03Eaton Vance Senior Floating-Rate Fund declares $0.081 dividend
Nov 04Eaton Vance Senior Floating-Rate Fund declines monthly dividend by -0.4% to $0.081/share
Oct 06Eaton Vance Senior Floating-Rate Fund declares $0.0813 dividend
Sep 02Eaton Vance Senior Floating-Rate Fund declares $0.0813 dividend
Aug 03Eaton Vance Senior Floating-Rate Fund declares $0.0813 dividend
Jul 06EFR And EFT: Eaton Vance's 2 Floating-Rate CEFs
Apr 02EFR Has Provided The Best Returns For Floating-Rate CEFs Over The Past 3, 5, And 10 Years
Nov 23Eaton Vance Senior Floating-Rate Fund declares $0.065 dividend
May 07Eaton Vance Senior Floating-Rate Fund declares $0.063 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: EFR's short term assets ($13.2M) do not cover its short term liabilities ($130.4M).
Long Term Liabilities: EFR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EFR's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: EFR's debt to equity ratio has reduced from 32.1% to 26.9% over the past 5 years.
Debt Coverage: EFR's debt is well covered by operating cash flow (53.2%).
Interest Coverage: EFR's interest payments on its debt are well covered by EBIT (6.6x coverage).