Eaton Vance Limited Duration Income Fund Balance Sheet Health
Financial Health criteria checks 5/6
Eaton Vance Limited Duration Income Fund has a total shareholder equity of $1.4B and total debt of $333.3M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are $2.0B and $597.6M respectively. Eaton Vance Limited Duration Income Fund's EBIT is $113.5M making its interest coverage ratio 3.6. It has cash and short-term investments of $14.7M.
Key information
23.8%
Debt to equity ratio
US$333.33m
Debt
Interest coverage ratio | 3.6x |
Cash | US$14.75m |
Equity | US$1.40b |
Total liabilities | US$597.62m |
Total assets | US$2.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVV's short term assets ($50.4M) do not cover its short term liabilities ($597.3M).
Long Term Liabilities: EVV's short term assets ($50.4M) exceed its long term liabilities ($333.4K).
Debt to Equity History and Analysis
Debt Level: EVV's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: EVV's debt to equity ratio has reduced from 40.4% to 23.8% over the past 5 years.
Debt Coverage: EVV's debt is well covered by operating cash flow (72.6%).
Interest Coverage: EVV's interest payments on its debt are well covered by EBIT (3.6x coverage).