DWS Municipal Income Trust Balance Sheet Health
Financial Health criteria checks 2/6
DWS Municipal Income Trust has a total shareholder equity of $393.8M and total debt of $206.0M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are $604.7M and $210.8M respectively. DWS Municipal Income Trust's EBIT is $23.7M making its interest coverage ratio 2.2. It has cash and short-term investments of $3.0.
Key information
52.3%
Debt to equity ratio
US$206.02m
Debt
Interest coverage ratio | 2.2x |
Cash | US$3.00 |
Equity | US$393.84m |
Total liabilities | US$210.84m |
Total assets | US$604.68m |
Recent financial health updates
No updates
Recent updates
DWS Municipal Income Trust declares $0.028 dividend
Jan 11DWS Municipal Income Trust dividend declines by 20% to $0.028
Dec 13DWS Municipal Income Trust declares $0.042 dividend
Jan 08DWS Municipal Income Trust declares $0.0324 distribution
Dec 07DWS Municipal Income Trust declares $0.04 dividend
Nov 10Financial Position Analysis
Short Term Liabilities: KTF's short term assets ($9.6M) do not cover its short term liabilities ($20.8M).
Long Term Liabilities: KTF's short term assets ($9.6M) do not cover its long term liabilities ($190.0M).
Debt to Equity History and Analysis
Debt Level: KTF's net debt to equity ratio (52.3%) is considered high.
Reducing Debt: KTF's debt to equity ratio has reduced from 55.7% to 52.3% over the past 5 years.
Debt Coverage: KTF's debt is well covered by operating cash flow (29.3%).
Interest Coverage: KTF's interest payments on its debt are not well covered by EBIT (2.2x coverage).