Reported Late Monday, TEAF Provides Unaudited Balance Sheet Information And Asset Coverage Ratio Updates As Of September 29, 2023; Unaudited Net Asset Value Was $199.9M, Or $14.82/Share
$TEAF
Trusts Except Educational Religious and Charitable
Finance
As of September 29, 2023, the company's unaudited total assets were approximately $233.2 million and its unaudited net asset value was $199.9 million, or $14.82 per share.
As of September 29, 2023, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 725%.
Set forth below is a summary of the company's unaudited balance sheet at September 29, 2023.
Unaudited balance sheet
| (in Millions) | Per Share | |
|
Investments |
$ 229.5 | $ 17.01 |
|
Cash and Cash Equivalents |
0.8 | 0.06 |
|
Other Assets |
2.9 | 0.22 |
|
Total Assets |
233.2 | 17.29 |
|
Credit Facility Borrowings |
32.0 | 2.37 |
|
Other Liabilities |
1.3 | 0.10 |
|
Net Assets |
$ 199.9 | $ 14.82 |
13.49 million common shares outstanding.