Putnam Municipal Opportunities Trust Balance Sheet Health
Financial Health criteria checks 4/6
Putnam Municipal Opportunities Trust has a total shareholder equity of $516.3M and total debt of $21.4M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are $549.4M and $33.1M respectively.
Key information
4.1%
Debt to equity ratio
US$21.41m
Debt
| Interest coverage ratio | 18.1x |
| Cash | n/a |
| Equity | US$516.29m |
| Total liabilities | US$33.10m |
| Total assets | US$549.39m |
Recent financial health updates
No updates
Recent updates
Putnam Municipal Opportunities Trust declares $0.0531 dividend
Jan 27Putnam Municipal Opportunities Trust declares $0.0531 dividend
Oct 25Putnam Municipal Opportunities Trust declares $0.0531 dividend
Sep 23Putnam Municipal Opportunities Trust declares $0.0531 dividend
Jan 29Putnam Municipal Opportunities Trust declares $0.1331 dividend
Dec 11Putnam Municipal Opportunities Trust declares $0.0531 dividend
Nov 20Financial Position Analysis
Short Term Liabilities: PMO's short term assets ($7.5M) do not cover its short term liabilities ($11.3M).
Long Term Liabilities: PMO's short term assets ($7.5M) do not cover its long term liabilities ($21.8M).
Debt to Equity History and Analysis
Debt Level: PMO's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: PMO's debt to equity ratio has reduced from 8.7% to 4.1% over the past 5 years.
Debt Coverage: PMO's debt is well covered by operating cash flow (292.8%).
Interest Coverage: PMO's interest payments on its debt are well covered by EBIT (18.1x coverage).