Mesabi Trust Balance Sheet Health
Financial Health criteria checks 6/6
Mesabi Trust has a total shareholder equity of $21.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $26.7M and $5.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$23.98m |
| Equity | US$20.98m |
| Total liabilities | US$5.72m |
| Total assets | US$26.69m |
Recent financial health updates
No updates
Recent updates
Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions
Feb 04Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term
Oct 25Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%
Oct 18Mesabi Trust: There's A Strong Headwind, But Also An Opportunity
Jul 14Operating Issues And Recession Pricing Next: Avoid Mesabi Trust
Jan 31Mesabi Trust says no dividend in January
Jan 12Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like
Nov 05How Cleveland-Cliffs' CEO Pushed Mesabi Trust's Dividend Off A Cliff
Aug 03Mesabi Trust dips dividend -19.2% to $0.84/share
Jul 15Mesabi Trust Is Not So Easily Ousted
Jun 03Mesabi Trust And Its Real Value
Jan 05Mesabi Trust (NYSE:MSB) Will Pay A Larger Dividend Than Last Year At US$1.42
Oct 18
Mesabi Trust's (NYSE:MSB) Upcoming Dividend Will Be Larger Than Last Year's
Jul 16Something To Consider Before Buying Mesabi Trust (NYSE:MSB) For The 4.1% Dividend
Apr 19Mesabi Trust (NYSE:MSB) Has Rewarded Shareholders With An Exceptional 511% Total Return On Their Investment
Mar 01Here's Why We're Wary Of Buying Mesabi Trust's (NYSE:MSB) For Its Upcoming Dividend
Jan 23
Should Mesabi Trust (NYSE:MSB) Be Part Of Your Income Portfolio?
Jan 18Mesabi Trust declares $0.46 dividend
Jan 11Mesabi Trust Remains Attractive To Yield-Centric Investors
Jan 05Financial Position Analysis
Short Term Liabilities: MSB's short term assets ($26.7M) exceed its short term liabilities ($5.7M).
Long Term Liabilities: MSB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSB is debt free.
Reducing Debt: MSB has not had any debt for past 5 years.
Debt Coverage: MSB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MSB has no debt, therefore coverage of interest payments is not a concern.