Invesco DB Multi-Sector Commodity Trust - Invesco DB Precious Metals Fund Balance Sheet Health
Financial Health criteria checks 6/6
Invesco DB Multi-Sector Commodity Trust - Invesco DB Precious Metals Fund has a total shareholder equity of $147.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $148.6M and $1.1M respectively. Invesco DB Multi-Sector Commodity Trust - Invesco DB Precious Metals Fund's EBIT is $11.4M making its interest coverage ratio 390.1. It has cash and short-term investments of $72.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 390.1x |
Cash | US$72.74m |
Equity | US$147.49m |
Total liabilities | US$1.08m |
Total assets | US$148.57m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: DBP's short term assets ($127.0M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: DBP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DBP is debt free.
Reducing Debt: DBP has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: DBP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DBP has no debt, therefore coverage of interest payments is not a concern.