Eaton Vance Tax-Advantaged Global Dividend Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
Eaton Vance Tax-Advantaged Global Dividend Income Fund has a total shareholder equity of $1.5B and total debt of $370.0M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are $1.9B and $400.0M respectively. Eaton Vance Tax-Advantaged Global Dividend Income Fund's EBIT is $96.6M making its interest coverage ratio 4.4. It has cash and short-term investments of $337.0K.
Key information
24.6%
Debt to equity ratio
US$370.00m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$336.97k |
| Equity | US$1.50b |
| Total liabilities | US$400.04m |
| Total assets | US$1.90b |
Recent financial health updates
No updates
Recent updates
ETG: Attractive Monthly Distribution And Global Exposure
Aug 25ETG: Higher Turnover Than Expected, But Still A Worthy 8%-Yielding Equity Fund
Aug 14ETG: Distribution Bump With A Diversified Global Portfolio
May 30ETG Vs. ETO: The Eaton Vance Leveraged Equity CEF Twins
Mar 08ETG: Nearly 7% Attractive Income Yield And Global Exposure
Feb 11ETG: Discount Keeps This Fund Appealing
Jan 14ETG: Fully Covered 7.07% Yield And An Attractive Entry Price
Dec 22ETG: Equities Fall And Discount Expands For This Solid Fund
Oct 16ETG: A Reasonable Alternative To The MSCI World Index With A Higher Yield
Sep 15ETG: Discounted Global Exposure
Jul 06ETG: Discount Widening Further Presents A Better Opportunity For Entry
Feb 25Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1001 dividend
Feb 03ETG: This CEF Is Improving And Could Play A Role In An Income Portfolio
Jan 25Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1001 dividend
Jan 05ETG: Reasonable Strategy But Portfolio Is Wrong For The Current Market
Nov 10Eaton Vance Tax-Advantaged Global Dividend Income Fund dividend declines by 23% to $ 0.1001
Nov 04Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.13 dividend
Oct 06Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.13 dividend
Sep 02ETG: Running Hot
Aug 08Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.13 dividend
Jul 06ETG: Attractively Priced As Market Continues Its Volatility
May 24ETG: A Solid Bet Delivering Consistent High Return
Apr 04ETG: ~7% Distribution Yield, Strong Coverage
Jan 05ETG: A Very Attractive Global Fund Selling At A Discount
Oct 08ETG: 5.97% Distribution Yield, Shares Climbing Higher
Jul 22Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1025 dividend
May 07Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1025 dividend
Feb 04ETG: Solid Income-Generating CEF With Global Exposure
Jan 11Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1025 dividend
Jan 04Eaton Vance Tax-Advantaged Global Dividend Income Fund declares $0.1025 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: ETG's short term assets ($56.2M) exceed its short term liabilities ($29.8M).
Long Term Liabilities: ETG's short term assets ($56.2M) do not cover its long term liabilities ($370.3M).
Debt to Equity History and Analysis
Debt Level: ETG's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: ETG's debt to equity ratio has reduced from 31.5% to 24.6% over the past 5 years.
Debt Coverage: ETG's debt is well covered by operating cash flow (25.9%).
Interest Coverage: ETG's interest payments on its debt are well covered by EBIT (4.4x coverage).