First Trust New Opportunities MLP & Energy Fund Balance Sheet Health
Financial Health criteria checks 0/6
Insufficient data to determine the health of First Trust New Opportunities MLP & Energy Fund
Key information
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Debt to equity ratio
n/a
Debt
Interest coverage ratio | n/a |
Cash | n/a |
Equity | n/a |
Total liabilities | n/a |
Total assets | n/a |
Recent financial health updates
No updates
Recent updates
FPL: Impending Merger Creates Opportunity For Significant Gains (Rating Upgrade)
Jan 17FPL: Attractive Discount And Solid Yield, But A History Of Underperformance
Aug 28First Trust New Opportunities MLP & Energy Fund declares $0.0375 dividend
Jan 23FPL: Buy This MLP Fund At A Huge Discount Today
Nov 09First Trust New Opportunities MLP & Energy Fund declares $0.0375 dividend
Oct 20FPL: MLP CEF With A 7.2% Yield, High Volatility
Aug 03First Trust New Opportunities MLP & Energy Fund declares $0.0375 dividend
Jul 20FPL: A Conservative MLP/Midstream CEF At A -10.17% Discount, 7.60% Distribution Yield
Jan 12The Quality Closed-End Fund Report, August 2021: FPL Could Be Worth A Look
Sep 04FPL: Wide NAV Discount Might Power Returns
Nov 12In this section we usually analyse First Trust New Opportunities MLP & Energy 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 New Opportunities MLP & Energy 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 FPL's short term assets cover its short term liabilities.
Long Term Liabilities: Insufficient data to determine if FPL's short term assets cover its long term liabilities.
Debt to Equity History and Analysis
Debt Level: Insufficient data to calculate FPL's net debt to equity ratio to determine if it is satisfactory.
Reducing Debt: Insufficient data to determine if FPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if FPL's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if FPL's interest payments on its debt are well covered by EBIT.