Abrdn Emerging Markets Equity Income Fund Balance Sheet Health
Financial Health criteria checks 2/6
Abrdn Emerging Markets Equity Income Fund has a total shareholder equity of $302.5M and total debt of $35.0M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are $345.2M and $42.7M respectively. Abrdn Emerging Markets Equity Income Fund's EBIT is $6.3M making its interest coverage ratio 2.2. It has cash and short-term investments of $152.8K.
Key information
11.6%
Debt to equity ratio
US$35.00m
Debt
Interest coverage ratio | 2.2x |
Cash | US$152.81k |
Equity | US$302.50m |
Total liabilities | US$42.72m |
Total assets | US$345.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEF's short term assets ($864.0K) do not cover its short term liabilities ($40.6M).
Long Term Liabilities: AEF's short term assets ($864.0K) do not cover its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: AEF's net debt to equity ratio (11.5%) is considered satisfactory.
Reducing Debt: AEF's debt to equity ratio has increased from 11.1% to 11.6% over the past 5 years.
Debt Coverage: AEF's debt is well covered by operating cash flow (112.4%).
Interest Coverage: AEF's interest payments on its debt are not well covered by EBIT (2.2x coverage).