Credit Suisse Asset Management Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
Credit Suisse Asset Management Income Fund has a total shareholder equity of $156.2M and total debt of $52.5M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $216.7M and $60.5M respectively. Credit Suisse Asset Management Income Fund's EBIT is $16.4M making its interest coverage ratio 5. It has cash and short-term investments of $195.0K.
Key information
33.6%
Debt to equity ratio
US$52.50m
Debt
Interest coverage ratio | 5x |
Cash | US$194.99k |
Equity | US$156.15m |
Total liabilities | US$60.55m |
Total assets | US$216.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIK's short term assets ($11.8M) do not cover its short term liabilities ($60.5M).
Long Term Liabilities: CIK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CIK's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: CIK's debt to equity ratio has reduced from 42.1% to 33.6% over the past 5 years.
Debt Coverage: CIK's debt is well covered by operating cash flow (41.8%).
Interest Coverage: CIK's interest payments on its debt are well covered by EBIT (5x coverage).