Bancroft Fund Balance Sheet Health
Financial Health criteria checks 6/6
Bancroft Fund has a total shareholder equity of $136.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $137.1M and $236.0K respectively. Bancroft Fund's EBIT is $2.5M making its interest coverage ratio 1983.7. It has cash and short-term investments of $1.8K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 1983.7x |
| Cash | US$1.80k |
| Equity | US$136.90m |
| Total liabilities | US$236.02k |
| Total assets | US$137.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCV's short term assets ($838.4K) exceed its short term liabilities ($236.0K).
Long Term Liabilities: BCV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BCV is debt free.
Reducing Debt: BCV had no debt 5 years ago.
Debt Coverage: BCV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BCV has no debt, therefore coverage of interest payments is not a concern.