Gabelli Multimedia Trust Balance Sheet Health
Financial Health criteria checks 3/6
Gabelli Multimedia Trust has a total shareholder equity of $184.5M and total debt of $69.6K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are $191.0M and $6.5M respectively. Gabelli Multimedia Trust's EBIT is $1.5M making its interest coverage ratio 1374.1. It has cash and short-term investments of $1.1K.
Key information
0.04%
Debt to equity ratio
US$69.63k
Debt
| Interest coverage ratio | 1374.1x |
| Cash | US$1.12k |
| Equity | US$184.48m |
| Total liabilities | US$6.52m |
| Total assets | US$191.00m |
Recent financial health updates
No updates
Recent updates
Equity CEFs: Blatant Disregard Of Reality In GGT
Dec 07Equity CEFs: What Kind Of Madness Is This? Sell GGT, Buy NBXG
Jun 26Gabelli Multi-Media declares $0.22 dividend
Feb 17Gabelli Multimedia Trust declares $0.22 dividend
Nov 11Equity CEFs: Why MCN Should Be The Fund At A 69% Premium
Oct 07Gabelli Multi-Media declares $0.22 dividend
Nov 13Financial Position Analysis
Short Term Liabilities: GGT's short term assets ($6.5M) do not cover its short term liabilities ($6.5M).
Long Term Liabilities: GGT's short term assets ($6.5M) exceed its long term liabilities ($9.4K).
Debt to Equity History and Analysis
Debt Level: GGT's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: GGT's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: Insufficient data to determine if GGT's debt is well covered by operating cash flow.
Interest Coverage: GGT's interest payments on its debt are well covered by EBIT (1374.1x coverage).