Ellsworth Growth and Income Fund Ltd. (ECF) Balance Sheet
ECF balance sheet, FY2025
September 30, 2025 · U.S. dollars$209.5M assets = $1.2M liabilities + $208.3M equity
Both columns are drawn to the same scale: what ECF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ECF financial health
Descriptive bands, not a rating. Fiscal FY2025.
ECF balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $128.3MFY2016 | $209.5MFY2025 | +5.6%/yr | |
| Total liabilities | $4.4MFY2016 | $1.2MFY2025 | −13.5%/yr | |
| Shareholders’ equity | $123.9MFY2016 | $208.3MFY2025 | +5.9%/yr | |
| Cash & short-term investments | $7.8MFY2016 | $883,892FY2025 | −21.5%/yr | |
| Total debt | $0FY2016 | $0FY2021 | — | |
| Net cash (debt) | $7.8MFY2016 | $64,984FY2021 | −$7.7M | |
| Working capital | $4.7MFY2016 | $658,949FY2025 | −$4.0M | |
| Book value per share | $9.57FY2016 | $15.30FY2025 | +5.4%/yr | |
| Current ratio | 2.11FY2016 | 1.70FY2025 | −0.41 | |
| Debt / equity | 0.00FY2016 | 0.00FY2021 | 0.00 | |
| Shares outstanding | 12.9MFY2016 | 13.6MFY2025 | +0.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ECF assets
ECF liabilities and equity
ECF debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ECF balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $883,892 | $32,146 | $43,926 | — | $64,984 | $298 | $1,214 | $9,121 | $339,764 | $7.8M |
| Cash & equivalents | $883,892 | $32,146 | $43,926 | — | $64,984 | $298 | $1,214 | $9,121 | $339,764 | $7.8M |
| Receivables | $669,431 | $1.8M | $804,935 | $549,648 | $4.1M | $1.4M | $3.6M | $1.0M | $630,432 | $1.1M |
| Inventory | $0 | $0 | $0 | $0 | $1 | $0 | $0 | −$1 | $0 | $0 |
| Other current assets | $42,744 | $0 | $0 | $0 | $0 | $0 | $10,000 | $1 | $0 | $0 |
| Total current assets | $1.6M | $32,146 | $848,861 | $549,648 | $4.1M | $1.4M | $3.6M | $1.0M | $970,196 | $8.9M |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $207.8M | $182.6M | $165.4M | $181.6M | $225.1M | $202.6M | $175.3M | $172.7M | $161.0M | $119.4M |
| Other non-current assets | $69,736 | $1.9M | $163,524 | $130,619 | $112,152 | $13,013 | $115,160 | $114,862 | $24,606 | $267 |
| Total assets | $209.5M | $184.5M | $166.4M | $182.3M | $229.3M | $204.0M | $179.0M | $173.8M | $161.9M | $128.3M |
| Liabilities | ||||||||||
| Accounts payable | $937,118 | $8.5M | $200,080 | $297,176 | $2.3M | $21,875 | $21,875 | $411,875 | $575,918 | $4.2M |
| Short-term debt | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $937,118 | $8.5M | $200,080 | $297,176 | $2.3M | $21,875 | $21,875 | $510,658 | $575,918 | $4.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $252,841 | $241,850 | $207,265 | $15,229 | $336,940 | $21,875 | $266,400 | $637,036 | $932,330 | $4.4M |
| Total liabilities | $1.2M | $8.8M | $42.6M | $552,421 | $2.6M | $21,875 | $21,875 | $637,036 | $932,330 | $4.4M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $118.8M | $119.0M | $120.0M | $120.3M | $117.4M | $113.4M | $111.3M | $110.6M | $111.4M | $112.9M |
| Retained earnings (deficit) | $59.2M | $20.4M | $3.7M | $6.4M | $79.3M | $60.2M | $37.4M | $32.6M | −$5.1M | −$4.9M |
| Accumulated other comprehensive income | — | — | −$162.3M | −$120.3M | −$117.4M | — | −$111.3M | −$1 | $24.7M | $15.9M |
| Total shareholders' equity | $208.3M | $175.8M | $166.0M | $181.7M | $226.7M | $203.6M | $178.7M | $173.2M | $161.0M | $123.9M |
| Key figures | ||||||||||
| Total debt | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net cash (debt) | — | — | — | — | $64,984 | $298 | $1,214 | $9,121 | $339,764 | $7.8M |
| Working capital | $658,949 | −$8.5M | $648,781 | $252,472 | $1.9M | $1.3M | $3.6M | $535,576 | $394,278 | $4.7M |
| Tangible book value | $208.3M | $175.8M | $166.0M | $181.7M | $226.7M | $203.6M | $178.7M | $173.2M | $161.0M | $123.9M |
| Book value per share | $15.30 | $12.88 | $12.07 | $13.26 | $16.80 | $16.18 | $13.72 | $14.58 | $12.50 | $9.57 |
| Shares outstanding | 13.6M | 13.6M | 13.7M | 13.7M | 13.5M | 12.6M | 13.0M | 11.9M | 12.9M | 12.9M |
| Current ratio | 1.70 | 0.00 | 4.24 | 1.85 | 1.82 | 62.30 | 163.83 | 2.05 | 1.68 | 2.11 |
| Quick ratio | 1.66 | 0.22 | 4.24 | 1.85 | 1.82 | 62.30 | 163.37 | 2.05 | 1.68 | 2.11 |
| Debt / equity | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 99.4% | 95.3% | 99.8% | 99.7% | 98.9% | 99.8% | 99.9% | 99.6% | 99.4% | 96.6% |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Sep '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & short-term investments | — | $883,892 | $4,429 | $32,146 | $16,449 | $43,926 | $73,924 | $73,924 | — | — | — |
| Cash & equivalents | — | $883,892 | $4,429 | $32,146 | $16,449 | $43,926 | $73,924 | $73,924 | — | — | — |
| Receivables | $609,777 | $669,431 | $795,837 | $1.8M | $2.2M | $804,935 | $1.9M | $1.9M | $549,648 | $549,648 | $452,873 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $42,744 | $2,208 | $0 | $0 | $0 | $0 | $599 | $0 | $885 | $0 |
| Total current assets | $609,777 | $1.6M | $802,474 | $32,146 | $2.2M | $848,861 | $2.0M | $2.0M | $549,648 | $550,533 | $452,873 |
| Property, plant & equipment (net) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $201.7M | $207.8M | $177.8M | $182.6M | $0 | $165.4M | $186.7M | $0 | $181.6M | $0 | $198.4M |
| Other non-current assets | $190,261 | $69,736 | $69,736 | $1.9M | $175.0M | $163,524 | $154,043 | $186.8M | $130,619 | $181.7M | $145,721 |
| Total assets | $202.5M | $209.5M | $178.7M | $184.5M | $177.1M | $166.4M | $188.8M | $188.8M | $182.3M | $182.3M | $199.0M |
| Liabilities | |||||||||||
| Accounts payable | $47,554 | $937,118 | $121,776 | $8.5M | — | $200,080 | $1.8M | $1.5M | $297,176 | — | $307,912 |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | $0 |
| Total current liabilities | $210,836 | $937,118 | $121,776 | $8.5M | — | $200,080 | $1.8M | $1.8M | $297,176 | $240,016 | $307,912 |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1.4M | $252,841 | $213,477 | $241,850 | $1.9M | $207,265 | $1.8M | $0 | $297,176 | $15,229 | $307,912 |
| Total liabilities | $1.4M | $1.2M | $335,253 | $8.8M | $1.9M | $42.6M | $56.3M | $1.8M | $552,421 | $255,245 | $673,520 |
| Shareholders' equity | |||||||||||
| Common stock & paid-in capital | $119.3M | $118.8M | $119.4M | $119.0M | $119.8M | $120.0M | $121.0M | $121.0M | $120.3M | $120.3M | $122.4M |
| Retained earnings (deficit) | $51.5M | $59.2M | $22.6M | $20.4M | $13.4M | $3.7M | $11.4M | $11.4M | $6.4M | $6.4M | $46.0M |
| Accumulated other comprehensive income | — | — | — | — | −$119.8M | −$162.3M | −$175.2M | — | −$120.3M | — | — |
| Total shareholders' equity | $201.1M | $208.3M | $178.3M | $175.8M | $175.2M | $166.0M | $132.4M | $187.0M | $181.7M | $182.0M | $198.3M |
| Key figures | |||||||||||
| Total debt | $1.0M | — | — | — | — | — | — | — | — | — | $0 |
| Net cash (debt) | −$1.0M | — | — | — | — | — | — | — | — | — | $0 |
| Working capital | $398,941 | $658,949 | $680,698 | −$8.5M | — | $648,781 | $151,995 | $159,161 | $252,472 | $310,517 | $144,961 |
| Tangible book value | $201.1M | $208.3M | $178.3M | $175.8M | $175.2M | $166.0M | $132.4M | $187.0M | $181.7M | $182.0M | $198.3M |
| Book value per share | $14.73 | $15.30 | $13.04 | $12.89 | $12.70 | $12.07 | $9.61 | $13.57 | $13.26 | $13.28 | $14.26 |
| Shares outstanding | 13.7M | 13.6M | 13.7M | 13.6M | 13.8M | 13.7M | 13.8M | 13.8M | 13.7M | 13.7M | 13.9M |
| Current ratio | 2.89 | 1.70 | 6.59 | 0.00 | — | 4.24 | 1.08 | 1.09 | 1.85 | 2.29 | 1.47 |
| Quick ratio | 2.89 | 1.66 | 6.57 | 0.22 | — | 4.24 | 1.08 | 1.09 | 1.85 | 2.29 | 1.47 |
| Debt / equity | 0.01 | — | — | — | — | — | — | — | — | — | 0.00 |
| Equity / assets | 99.3% | 99.4% | 99.8% | 95.3% | 98.9% | 99.8% | 70.2% | 99.0% | 99.7% | 99.9% | 99.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed September 30, 2025); data from EODHD.
ECF financial position
At the end of fiscal 2025 (September 30, 2025), Ellsworth Growth and Income Fund had total assets of $209.5 million (up 13.5% from a year earlier), total liabilities of $1.2 million and shareholders' equity of $208.3 million. Its current ratio was 1.70. In the latest quarter (ended March 31, 2026) total assets were $202.5 million and equity $201.1 million.
Related: ECF income statement, ECF cash flow statement, ECF key metrics. See the ECF stock overview for the latest quote and news.
ECF balance sheet FAQ
What are Ellsworth Growth and Income Fund's total assets?
Ellsworth Growth and Income Fund reported total assets of $209.5 million at the end of fiscal 2025 (September 30, 2025), compared with $184.5 million a year earlier.
How much cash does Ellsworth Growth and Income Fund have?
Ellsworth Growth and Income Fund held $0.9 million in cash and short-term investments at the end of fiscal 2025.
What is Ellsworth Growth and Income Fund's book value?
Ellsworth Growth and Income Fund's shareholders' equity (book value) was $208.3 million at the end of fiscal 2025, or $15.30 per share.
What is Ellsworth Growth and Income Fund's current ratio?
Ellsworth Growth and Income Fund had current assets of $1.6 million and current liabilities of $0.9 million, a current ratio of 1.70 (it can cover its short-term obligations).