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
GDV: Same Old, Continue To Avoid
Feb 01GDV: Less Financial Risk Than Meets The Eye
Nov 07GDV: Lagging Performance And Questionable Distribution
Oct 30GDV: A Seasoned Team But Not The Right Season To Buy
Jul 31GDV: Better Opportunities Elsewhere
Feb 12Gabelli Dividend & Income Trust goes ex dividend tomorrow
Jan 12Gabelli Dividend & Income Trust declares $0.11 dividend & $0.09 additional distribution is paid
Dec 20Gabelli Dividend & Income Trust: An Index ETF May Be Better
Oct 10Gabelli Dividend & Income Trust declares $0.11 dividend
Aug 18Gabelli Dividend & Income Trust: 5.12% Distribution Yield, Steady Monthly Pay
Dec 01Evaluating CEFs: GDV Improved Distribution Coverage, Lower Yield Than GAB
May 06Financial Position Analysis
Short Term Liabilities: GDV's short term assets ($5.0M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: GDV's short term assets ($5.0M) do not cover its long term liabilities ($145.1M).
Debt to Equity History and Analysis
Debt Level: GDV's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: GDV's debt to equity ratio has increased from 0% to 5.8% over the past 5 years.
Debt Coverage: GDV's debt is well covered by operating cash flow (91.5%).
Interest Coverage: GDV's interest payments on its debt are well covered by EBIT (11x coverage).