Gabelli Utility Trust Balance Sheet Health
Financial Health criteria checks 4/6
Gabelli Utility Trust has a total shareholder equity of $270.1M and total debt of $20.5M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $291.4M and $21.3M respectively. Gabelli Utility Trust's EBIT is $6.9M making its interest coverage ratio 28.7. It has cash and short-term investments of $34.0K.
Key information
7.6%
Debt to equity ratio
US$20.48m
Debt
Interest coverage ratio | 28.7x |
Cash | US$33.98k |
Equity | US$270.10m |
Total liabilities | US$21.26m |
Total assets | US$291.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUT.PRC's short term assets ($1.0M) do not cover its short term liabilities ($21.3M).
Long Term Liabilities: GUT.PRC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GUT.PRC's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: GUT.PRC's debt to equity ratio has increased from 0.01% to 7.6% over the past 5 years.
Debt Coverage: GUT.PRC's debt is well covered by operating cash flow (187%).
Interest Coverage: GUT.PRC's interest payments on its debt are well covered by EBIT (28.7x coverage).