DWS Strategic Municipal Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
DWS Strategic Municipal Income Trust has a total shareholder equity of $106.8M and total debt of $60.0M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are $168.7M and $61.9M respectively.
Key information
56.2%
Debt to equity ratio
US$60.00m
Debt
Interest coverage ratio | 2.1x |
Cash | n/a |
Equity | US$106.76m |
Total liabilities | US$61.94m |
Total assets | US$168.70m |
Recent financial health updates
No updates
Recent updates
KSM And KTF To Terminate
Apr 17DWS Strategic Municipal Income Trust decreases monthly dividend by -27.2% to $0.03/share
Jan 11DWS Strategic Municipal Income Trust raises dividend by 33% to $0.03
Dec 13DWS Strategic Municipal Income Trust declares $0.044 dividend
Jan 08DWS Strategic Municipal Income Trust declares $0.0314 distribution
Dec 07DWS Strategic Municipal Income Trust declares $0.0425 dividend
Nov 10Financial Position Analysis
Short Term Liabilities: KSM's short term assets ($2.5M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: KSM's short term assets ($2.5M) do not cover its long term liabilities ($60.0M).
Debt to Equity History and Analysis
Debt Level: KSM's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: KSM's debt to equity ratio has reduced from 73% to 56.2% over the past 5 years.
Debt Coverage: KSM's debt is well covered by operating cash flow (31.6%).
Interest Coverage: KSM's interest payments on its debt are not well covered by EBIT (2.1x coverage).