Blue Ribbon Income Fund Balance Sheet Health
Financial Health criteria checks 6/6
Blue Ribbon Income Fund has a total shareholder equity of CA$70.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$70.8M and CA$417.0K respectively. Blue Ribbon Income Fund's EBIT is CA$8.7M making its interest coverage ratio 963.1. It has cash and short-term investments of CA$1.0M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 963.1x |
| Cash | CA$1.04m |
| Equity | CA$70.35m |
| Total liabilities | CA$416.99k |
| Total assets | CA$70.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLUB.F's short term assets (CA$1.4M) exceed its short term liabilities (CA$417.0K).
Long Term Liabilities: BLUB.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BLUB.F is debt free.
Reducing Debt: BLUB.F has not had any debt for past 5 years.
Debt Coverage: BLUB.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BLUB.F has no debt, therefore coverage of interest payments is not a concern.