First Trust Specialty Finance and Financial Opportunities Fund

NYSE:FGB Stock Report

Market Cap: US$52.0m

First Trust Specialty Finance and Financial Opportunities Fund Balance Sheet Health

Financial Health criteria checks 0/6

Insufficient data to determine the health of First Trust Specialty Finance and Financial Opportunities Fund

Key information

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Debt to equity ratio

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Debt

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Recent financial health updates

No updates

Recent updates

FGB: Remains A Pass For Serious BDC Investors

Jul 28

FGB: Basket Of BDCs At A Discount

Jul 16

FGB: Back In Deep Discount Territory

Feb 21

FGB: Attractive Discount And Distribution Coverage Jumps

Oct 31

FGB: Discount And Decline Make This An Interesting Play

Jul 21

FGB: Higher Interest Rates Make This Fund Hold Up Better

Apr 30

FGB: Discount Indicates A Good Buying Opportunity

Dec 27

FGB: Discounted BDC Exposure With An 8.33% Distribution Yield

Sep 22

Evaluating CEFs: FGB Is Not A Replacement For BIZD

Jun 19

In this section we usually analyse First Trust Specialty Finance and Financial Opportunities Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. First Trust Specialty Finance and Financial Opportunities Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if FGB's short term assets cover its short term liabilities.

Long Term Liabilities: Insufficient data to determine if FGB's short term assets cover its long term liabilities.


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate FGB's net debt to equity ratio to determine if it is satisfactory.

Reducing Debt: Insufficient data to determine if FGB's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if FGB's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if FGB's interest payments on its debt are well covered by EBIT.


Balance Sheet

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