Mexico Equity & Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
Mexico Equity & Income Fund has a total shareholder equity of $66.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $67.5M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$114.00 |
| Equity | US$66.21m |
| Total liabilities | US$1.27m |
| Total assets | US$67.49m |
Financial Position Analysis
Short Term Liabilities: MXE's short term assets ($971.4K) do not cover its short term liabilities ($1.3M).
Long Term Liabilities: MXE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MXE is debt free.
Reducing Debt: MXE has not had any debt for past 5 years.
Debt Coverage: MXE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MXE has no debt, therefore coverage of interest payments is not a concern.