Gabelli Convertible and Income Securities Fund Balance Sheet Health
Financial Health criteria checks 6/6
Gabelli Convertible and Income Securities Fund has a total shareholder equity of $89.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $90.3M and $650.5K respectively. Gabelli Convertible and Income Securities Fund's EBIT is $2.8M making its interest coverage ratio 3.6. It has cash and short-term investments of $24.6K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$24.56k |
| Equity | US$89.69m |
| Total liabilities | US$650.52k |
| Total assets | US$90.34m |
Recent financial health updates
No updates
Recent updates
GCV: More Interesting At Current Discount
Dec 12Gabelli Convertible & Income Securities Fund declares $0.12 dividend
Feb 17Gabelli Convertible & Income Securities Fund declares $0.12 dividend
Nov 11GCV: Expensive And Strong Alternatives Exist
Feb 10Gabelli Convertible & Income Securities Fund: An Attractive Higher Yield Convertible Fund
Oct 14Gabelli Convertible&Income Securities Fund declares $0.12 dividend
Nov 13Financial Position Analysis
Short Term Liabilities: GCV's short term assets ($1.1M) exceed its short term liabilities ($650.5K).
Long Term Liabilities: GCV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GCV is debt free.
Reducing Debt: GCV has not had any debt for past 5 years.
Debt Coverage: GCV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GCV has no debt, therefore coverage of interest payments is not a concern.