Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund Balance Sheet Health
Financial Health criteria checks 6/6
Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund has a total shareholder equity of $704.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $719.0M and $14.7M respectively. Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund's EBIT is $60.3M making its interest coverage ratio 405. It has cash and short-term investments of $248.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 405x |
Cash | US$248.08m |
Equity | US$704.27m |
Total liabilities | US$14.70m |
Total assets | US$718.97m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: DBA's short term assets ($599.2M) exceed its short term liabilities ($11.5M).
Long Term Liabilities: DBA's short term assets ($599.2M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: DBA is debt free.
Reducing Debt: DBA has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: DBA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DBA has no debt, therefore coverage of interest payments is not a concern.