First Trust Enhanced Equity Income Fund Balance Sheet Health
Financial Health criteria checks 6/6
First Trust Enhanced Equity Income Fund has a total shareholder equity of $374.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $379.5M and $5.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.29m |
| Equity | US$374.57m |
| Total liabilities | US$4.98m |
| Total assets | US$379.55m |
Recent financial health updates
No updates
Recent updates
FFA: If You Want To Buy Equities, Buy Them With A Discount
Mar 27FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
Jan 15FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold
Aug 16First Trust Enhanced Equity Income Fund declares $0.315 dividend
Dec 13FFA: Unloved Buy-Write CEF, 8% Yield
Nov 09First Trust Enhanced Equity Income Fund goes ex-dividend tomorrow
Sep 21FFA: An Interesting Play In The Call Writing Space
Aug 11First Trust Enhanced Equity Income Fund declares $0.285 dividend
Dec 10Financial Position Analysis
Short Term Liabilities: FFA's short term assets ($9.3M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: FFA's short term assets ($9.3M) exceed its long term liabilities ($2.5K).
Debt to Equity History and Analysis
Debt Level: FFA is debt free.
Reducing Debt: FFA has not had any debt for past 5 years.
Debt Coverage: FFA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FFA has no debt, therefore coverage of interest payments is not a concern.