SRH Total Return Fund Balance Sheet Health
Financial Health criteria checks 2/6
SRH Total Return Fund has a total shareholder equity of $1.6B and total debt of $223.4M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $1.9B and $226.3M respectively.
Key information
13.7%
Debt to equity ratio
US$223.36m
Debt
| Interest coverage ratio | 2.9x |
| Cash | n/a |
| Equity | US$1.63b |
| Total liabilities | US$226.30m |
| Total assets | US$1.86b |
Recent financial health updates
No updates
Recent updates
STEW: Raised Distribution But Likely To Continue Trading At A Deep Discount
Feb 28STEW: Sell This Underperforming Low-Yield Fund
Jan 02STEW: An Attractive Equity CEF With Low Fixed Leverage Cost
Sep 11SRH TOTAL RETURN FUND declares $0.125 dividend
Feb 13STEW: New Name, Same Fund
Nov 16STEW: Solid Value Fund At A Discount
Oct 28BIF: How To Buy Berkshire Hathaway At A Discount
Feb 21BIF: Solid Fund Available At An 18% Discount
Nov 24Boulder Growth & Income Fund declares $0.102 dividend
Nov 12Financial Position Analysis
Short Term Liabilities: STEW's short term assets ($2.6M) do not cover its short term liabilities ($2.9M).
Long Term Liabilities: STEW's short term assets ($2.6M) do not cover its long term liabilities ($223.4M).
Debt to Equity History and Analysis
Debt Level: STEW's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: STEW's debt to equity ratio has increased from 0% to 13.7% over the past 5 years.
Debt Coverage: STEW's debt is well covered by operating cash flow (23.4%).
Interest Coverage: STEW's interest payments on its debt are not well covered by EBIT (2.9x coverage).