Invesco DB Multi-Sector Commodity Trust - Invesco DB Base Metals Fund Balance Sheet Health
Financial Health criteria checks 6/6
Invesco DB Multi-Sector Commodity Trust - Invesco DB Base Metals Fund has a total shareholder equity of $121.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $127.1M and $5.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$33.30m |
Equity | US$121.58m |
Total liabilities | US$5.49m |
Total assets | US$127.07m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: DBB's short term assets ($107.0M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: DBB's short term assets ($107.0M) exceed its long term liabilities ($395.9K).
Debt to Equity History and Analysis
Debt Level: DBB is debt free.
Reducing Debt: DBB has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
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: Whilst unprofitable DBB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DBB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8.4% per year.