Gabelli Dividend & Income Trust Balance Sheet Health
Financial Health criteria checks 4/6
Gabelli Dividend & Income Trust has a total shareholder equity of $2.5B and total debt of $145.1M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are $2.7B and $148.2M respectively. Gabelli Dividend & Income Trust's EBIT is $27.1M making its interest coverage ratio 11. It has cash and short-term investments of $308.6K.
Key information
5.8%
Debt to equity ratio
US$145.10m
Debt
Interest coverage ratio | 11x |
Cash | US$308.59k |
Equity | US$2.50b |
Total liabilities | US$148.19m |
Total assets | US$2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDV.PRK's short term assets ($5.0M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: GDV.PRK's short term assets ($5.0M) do not cover its long term liabilities ($145.1M).
Debt to Equity History and Analysis
Debt Level: GDV.PRK's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: GDV.PRK's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: GDV.PRK's debt is well covered by operating cash flow (91.5%).
Interest Coverage: GDV.PRK's interest payments on its debt are well covered by EBIT (11x coverage).