The Gabelli Utility Trust

NYSE:GUT Stock Report

Market Cap: US$381.2m

Gabelli Utility Trust Balance Sheet Health

Financial Health criteria checks 4/6

Gabelli Utility Trust has a total shareholder equity of $260.4M and total debt of $20.5M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are $281.5M and $21.2M respectively. Gabelli Utility Trust's EBIT is $6.7M making its interest coverage ratio 8.7. It has cash and short-term investments of $14.8K.

Key information

7.9%

Debt to equity ratio

US$20.48m

Debt

Interest coverage ratio8.7x
CashUS$14.77k
EquityUS$260.38m
Total liabilitiesUS$21.15m
Total assetsUS$281.53m

Recent financial health updates

No updates

Recent updates

GUT: 2024 Rights Offering Underway

Sep 30

Gabelli Utility Trust Is Overpriced At An 87% Premium To NAV But Hard To Short

Jan 31

GUT: The Premium That Refuses To Die

Dec 14

GUT: Down 25%, Still A Strong Sell

Oct 08

Gabelli Utility Trust declares $0.05 dividend

Feb 17

Gabelli Utility Trust declares $0.05 dividend

Nov 11

GUT: This Utility Fund Remains Too Expensive To Recommend

Oct 12

Gabelli Utility Trust goes ex-dividend tomorrow

Sep 14

Weekly Closed-End Fund Roundup: GUT Rights Offering Results (April 24, 2022)

May 04

Evaluating CEFs: GUT Uses A Rights Offering To Improve NAV

Apr 26

Quick Notes On GUT Rights Offering

Mar 16

Evaluating Closed-End Funds: The Price Runup Is Only One Reason To Avoid GUT

Aug 23

GUT: Quick Note On The Rights Offering Results

May 03

Gabelli Utility Trust declares $0.05 dividend

Nov 13

Financial Position Analysis

Short Term Liabilities: GUT's short term assets ($1.2M) do not cover its short term liabilities ($21.2M).

Long Term Liabilities: GUT has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: GUT's net debt to equity ratio (7.9%) is considered satisfactory.

Reducing Debt: GUT's debt to equity ratio has increased from 0% to 7.9% over the past 5 years.

Debt Coverage: GUT's debt is well covered by operating cash flow (187%).

Interest Coverage: GUT's interest payments on its debt are well covered by EBIT (8.7x coverage).

Balance Sheet