GAMCO Global Gold Natural Resources & Income Trust Balance Sheet Health
Financial Health criteria checks 5/6
GAMCO Global Gold Natural Resources & Income Trust has a total shareholder equity of $696.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $719.5M and $23.4M respectively. GAMCO Global Gold Natural Resources & Income Trust's EBIT is $14.2M making its interest coverage ratio 3057.5. It has cash and short-term investments of $2.7K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 3057.5x |
Cash | US$2.73k |
Equity | US$696.16m |
Total liabilities | US$23.39m |
Total assets | US$719.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGN's short term assets ($14.7M) do not cover its short term liabilities ($23.4M).
Long Term Liabilities: GGN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GGN is debt free.
Reducing Debt: GGN had no debt 5 years ago.
Debt Coverage: GGN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GGN has no debt, therefore coverage of interest payments is not a concern.