Cohen & Steers Infrastructure Fund Balance Sheet Health
Financial Health criteria checks 2/6
Cohen & Steers Infrastructure Fund has a total shareholder equity of $2.2B and total debt of $950.0M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are $3.2B and $963.7M respectively. Cohen & Steers Infrastructure Fund's EBIT is $101.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $1.6M.
Key information
43.1%
Debt to equity ratio
US$950.00m
Debt
Interest coverage ratio | 2.2x |
Cash | US$1.56m |
Equity | US$2.20b |
Total liabilities | US$963.73m |
Total assets | US$3.17b |
Recent financial health updates
No updates
Recent updates
UTF: Attractive Long-Term Infrastructure Exposure Providing A Monthly Distribution
Apr 11UTF: Time To Consider A Leveraged Play On Utilities
Mar 27UTF: 8%-Yielding Infrastructure Fund And Alternatives
Mar 17The $18 Trillion Tailwind For 9%-Yielding UTF And Other High Yields
Feb 13UTF: Buy This Fund And 1 Other Fund For Reliable Income
Jan 14UTF: Time To Load Up On A Solid 8.7% Yielding Infrastructure CEF
Jan 06UTF: This 8.5% Yielder Has Become More Attractive
Jan 01UTF: This CEF Is Facing Increasingly Fierce Headwinds
Nov 30UTF: Infrastructure CEF Yields 8.93%, Sets Up Well For 2024
Nov 21Buy The Big Dip In The Utility Sector With 9.8% Yield: UTF
Oct 30UTF: Utilities Spiral Creating Long-Term Opportunity
Oct 12UTG: 9% Yielding Utilities CEF And High Yield Alternatives Like UTF
Sep 24UTF: 8.5% Yield Subject To Interest Rate Risk
Sep 03UTF: A Look At This 8.2% Yielding Infrastructure Closed End Fund
Aug 24UTF: +8% Yield From Mission-Critical Infrastructure
Jul 25UTF: Raising To A Buy On Relative Valuation
Jul 04UTF: Top 10 Big Yield CEFs
May 27UTF: An Infrastructure Backed 7.3% Distribution Rate
Feb 03UTF: This 7.49%-Yielding Infrastructure CEF Is A Solid Buy Today
Jan 23Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Dec 12Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Nov 14UTF: Infrastructure And Utilities, Essential Even In A Recession
Oct 18Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Oct 10UTF: Caution Warranted From Rising Rates
Sep 23Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Jul 11UTF: An Infrastructure Play With A 7.2% Distribution Yield
May 17UTF: After Latest Declines, This Fund Is Back In My Portfolio
Feb 13UTF: Benefit From Infrastructure Spending With A Best-In-Class CEF
Nov 30Where Fundamentals Meet Technicals: UTF - Yield 6.32%
Sep 07UTF: Opportunities, Risk Assessment, And Hedging
Jul 29Evaluating CEFs: UTF Provides Dependable Income
Jul 12UTF: Opportunities And My Reservations
Jun 17UTF: Earn A High Yield With This Well-Managed Infrastructure Fund
Feb 04Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Jan 11A Biden Tax Hike Could Give Utility Stocks A Boost: Buy UTF And UTG
Dec 13Cohen & Steers Infrastructure Fund goes ex-dividend tomorrow
Nov 16UTF: 8%+ Yielding Infrastructure Fund For The Long Term
Nov 04Bank On Infrastructure Spending With High Yields: Buy UTF And UTG
Oct 29Financial Position Analysis
Short Term Liabilities: UTF's short term assets ($32.8M) do not cover its short term liabilities ($963.2M).
Long Term Liabilities: UTF's short term assets ($32.8M) exceed its long term liabilities ($514.5K).
Debt to Equity History and Analysis
Debt Level: UTF's net debt to equity ratio (43%) is considered high.
Reducing Debt: UTF's debt to equity ratio has reduced from 45.1% to 43.1% over the past 5 years.
Debt Coverage: UTF's debt is not well covered by operating cash flow (17%).
Interest Coverage: UTF's interest payments on its debt are not well covered by EBIT (2.2x coverage).