BlackRock Enhanced Government Fund Balance Sheet Health
Financial Health criteria checks 5/6
BlackRock Enhanced Government Fund has a total shareholder equity of $38.7M and total debt of $142.1K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are $40.8M and $2.1M respectively. BlackRock Enhanced Government Fund's EBIT is $1.5M making its interest coverage ratio 9.5. It has cash and short-term investments of $25.5K.
Key information
0.4%
Debt to equity ratio
US$142.10k
Debt
Interest coverage ratio | 9.5x |
Cash | US$25.52k |
Equity | US$38.65m |
Total liabilities | US$2.14m |
Total assets | US$40.79m |
Recent financial health updates
No updates
Recent updates
BlackRock Enhanced Government Fund goes ex-dividend tomorrow
Feb 13EGF - AAA Fund With Overwritten Swaptions
Jan 04BlackRock Enhanced Government Fund goes ex-dividend on Monday
Nov 11BlackRock Enhanced Government Fund declares $0.041 dividend
Oct 06BlackRock Enhanced Government Fund declares $0.041 dividend
Sep 02BlackRock Enhanced Government Fund declares $0.041 dividend
Aug 05BlackRock Enhanced Government Fund declares $0.041 dividend
Jul 05BlackRock Enhanced Government Fund declares $0.041 dividend
May 07BlackRock Enhanced Government Fund declares $0.041 dividend
Feb 04BlackRock Enhanced Government Fund declares $0.041 dividend
Dec 21Financial Position Analysis
Short Term Liabilities: EGF's short term assets ($679.5K) do not cover its short term liabilities ($2.1M).
Long Term Liabilities: EGF's short term assets ($679.5K) exceed its long term liabilities ($69.1K).
Debt to Equity History and Analysis
Debt Level: EGF's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: EGF's debt to equity ratio has reduced from 22.5% to 0.4% over the past 5 years.
Debt Coverage: EGF's debt is well covered by operating cash flow (15250.4%).
Interest Coverage: EGF's interest payments on its debt are well covered by EBIT (9.5x coverage).