New Germany Fund Balance Sheet Health
Financial Health criteria checks 5/6
New Germany Fund has a total shareholder equity of $178.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $185.4M and $6.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$92.35k |
| Equity | US$178.79m |
| Total liabilities | US$6.59m |
| Total assets | US$185.38m |
Recent financial health updates
No updates
Recent updates
New Germany Fund: Keeping The Faith In This German Mid-Cap Fund
Jul 13New Germany Fund: Levered To A More Resilient German Economy
Jan 26New Germany Fund decreases dividend by -94.1% to $0.0431/share
Dec 20GF: Watch Out For Further Distribution Cuts
Oct 19New Germany Fund: In A Tough Spot
Jul 28GF - Part1: Impact Of EU-Russian Sanctions On German Energy
Mar 15New Germany Fund declares $0.9326 dividend
May 07Financial Position Analysis
Short Term Liabilities: GF's short term assets ($5.4M) do not cover its short term liabilities ($6.5M).
Long Term Liabilities: GF's short term assets ($5.4M) exceed its long term liabilities ($57.1K).
Debt to Equity History and Analysis
Debt Level: GF is debt free.
Reducing Debt: GF had no debt 5 years ago.
Debt Coverage: GF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GF has no debt, therefore coverage of interest payments is not a concern.