Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Balance Sheet Health
Financial Health criteria checks 4/6
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a total shareholder equity of $371.8M and total debt of $103.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $478.6M and $106.8M respectively. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund's EBIT is $19.6M making its interest coverage ratio 3.4. It has cash and short-term investments of $32.3K.
Key information
27.7%
Debt to equity ratio
US$103.00m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$32.31k |
| Equity | US$371.81m |
| Total liabilities | US$106.81m |
| Total assets | US$478.62m |
Recent financial health updates
No updates
Recent updates
ETO: Limited International Diversification, But The Fund Is Not That Bad
Dec 01ETO: Underperforming Recently, But A Decent Fund
Sep 20ETO: Strong Performance And Global Exposure Provide An Income Opportunity
Jul 13ETO: Earn Income From Around The World With This CEF
Feb 13Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1374 dividend
Feb 03Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1374 dividend
Jan 05Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund dividend declines by 23.3% to $0.1374
Nov 04A CEF Earning Its Distribution: ETO
Oct 18Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1792 dividend
Oct 06Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1792 dividend
Sep 02ETO: Global Dividend Fund, 7.7% Yield
Aug 01Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1792 dividend
Jul 06ETO: A Quality-Focused Fund With Forward Dividend Yield Of 8.6%
May 30ETO: 7.54% Distribution Yield, Monthly Pay
Mar 04ETO: A Solid Dividend Fund But Expensive
Oct 27ETO: Best-Performing Global Equities CEF, Strong 7.1% Distribution Yield
Aug 10ETO: Improving Global Diversity At A Discount
Jun 21Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1425 dividend
May 07Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1425 dividend
Feb 04Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1425 dividend
Jan 046.8% Tax-Advantaged Yield, Monthly Pay, International Exposure: ETO
Dec 20Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1425 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: ETO's short term assets ($3.1M) do not cover its short term liabilities ($3.8M).
Long Term Liabilities: ETO's short term assets ($3.1M) do not cover its long term liabilities ($103.0M).
Debt to Equity History and Analysis
Debt Level: ETO's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: ETO's debt to equity ratio has reduced from 35.4% to 27.7% over the past 5 years.
Debt Coverage: ETO's debt is well covered by operating cash flow (26.2%).
Interest Coverage: ETO's interest payments on its debt are well covered by EBIT (3.4x coverage).