Saba Capital Income & Opportunities Fund II Balance Sheet Health
Financial Health criteria checks 4/6
Saba Capital Income & Opportunities Fund II has a total shareholder equity of $480.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $493.5M and $13.3M respectively. Saba Capital Income & Opportunities Fund II's EBIT is $19.3M making its interest coverage ratio -7. It has cash and short-term investments of $99.6K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -7x |
| Cash | US$99.61k |
| Equity | US$480.20m |
| Total liabilities | US$13.33m |
| Total assets | US$493.52m |
Recent financial health updates
No updates
Recent updates
GIM: Tender Results And Going Forward
Nov 29GIM Tender Offer Results Confirm Advantages Of Tendering 100%
Nov 16I'm Buying Some GIM To Jump On The Saba Bandwagon
Oct 09Saba Takes Over GIM
Sep 20Templeton Global Income Fund raises dividend by 3.9% to $0.032
Feb 07Templeton Global Income Fund goes ex dividend tomorrow
Jan 17Templeton Global Income Fund declares $0.0296 dividend
Dec 08Templeton Global Income Fund dividend declines by 4.6% to $0.0288
Nov 08Templeton Global Income Fund dividend declines by 5% to $0.0302
Oct 07Templeton Global Income Fund goes ex-dividend tomorrow
Sep 15Templeton Global Income Fund goes ex dividend tomorrow
Aug 11GIM: Tender Offer Completes
Dec 27Templeton Global Income Fund declares $0.0368 dividend
May 04Templeton Global Income Fund declares $0.0161 dividend
Jan 04Templeton Global Income Fund declares $0.017 dividend
Dec 01Templeton Global Income Fund declares $0.0147 dividend
Nov 02Financial Position Analysis
Short Term Liabilities: SABA's short term assets ($32.4M) exceed its short term liabilities ($13.3M).
Long Term Liabilities: SABA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SABA is debt free.
Reducing Debt: SABA had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if SABA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SABA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.