Invesco DB Agriculture Fund (DBA) Financials

DBA

Trailing 12 months to June 30, 2026

Revenue $34.1M -4.3% YoY

Net Income $26.8M -70.8% YoY

EPS (Diluted) Not reported for the trailing 12 months

Operating Cash Flow -$343.0M -2941.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 7, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DBA SEC filings page.

Invesco DB Agriculture Fund (DBA) reported $34.1M in revenue over the twelve months to Jun 30, 2026, down 4.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DBA FY2025 2026-08-29

The dominant mechanic is portfolio-driven cash and valuation volatility, not a conventional sales-and-cost operating model.

Operating cash flow fell from $448M in FY2023 to $38.7M in FY2025, while operating margins remained around 80%; cash generation therefore does not track the reported operating-profit percentage. In FY2025, net income was -$9.8M despite $26.4M of operating income, showing that items below operating income can dominate the bottom line.

FY2025 total liabilities were $3.0M against $725.8M of assets, so the fund is structurally lightly financed, with liabilities rather than debt not driving its balance-sheet changes. A debt-to-equity ratio of 0.0042 reinforces that asset movements matter more than creditor claims.

FY2025 share buybacks totaled $202.9M, more than five times operating cash flow of $38.7M. Shares outstanding fell from 52.1M in FY2021 to 28.2M in FY2025, linking the cash-return policy to a materially smaller ownership base.

Financial Health Signals

Financial health score not available

Invesco DB Agriculture Fund does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/6

Invesco DB Agriculture Fund passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Invesco DB Agriculture Fund reported a net loss of $9.8M while generating $38.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage Safe

580.52x

Invesco DB Agriculture Fund earns $580.52 in operating income for every $1 of interest expense ($26.4M vs $45K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$11.3M

YoY+29.3%

QoQ+61.5%

5Y CAGR+166.3%

10Y CAGR+36.7%

Invesco DB Agriculture Fund generated $11.3M in revenue in Q2 2026. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is up 61.5%.

EBITDA

$8.7M

YoY+67.3%

QoQ+59.5%

Invesco DB Agriculture Fund's EBITDA was $8.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 67.3% from the same quarter a year earlier. Against the prior quarter it is up 59.5%.

Net Income

-$35.5M

YoY-584.5%

QoQ-163.8%

Invesco DB Agriculture Fund reported -$35.5M in net income in Q2 2026. This represents a decrease of 584.5% from the same quarter a year earlier. Against the prior quarter it is down 163.8%.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

Invesco DB Agriculture Fund held $0 in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

43M

YoY+43.5%

QoQ-3.2%

5Y CAGR-2.5%

10Y CAGR+0.9%

Invesco DB Agriculture Fund had 43M shares outstanding in Q2 2026. This represents an increase of 43.5% from the same quarter a year earlier. Against the prior quarter it is down 3.2%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

77.0%

YoY-2.9pp

QoQ-0.9pp

Invesco DB Agriculture Fund's operating margin was 77.0% in Q2 2026, reflecting core business profitability. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Return on Equity

-3.1%

YoY-2.4pp

QoQ-7.6pp

5Y change-11.8pp

10Y change-9.2pp

Invesco DB Agriculture Fund's ROE was -3.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Net Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

Share Buybacks

$465.6M

YoY+520.2%

QoQ+939.3%

5Y CAGR+26.3%

10Y CAGR+24.6%

Invesco DB Agriculture Fund spent $465.6M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 520.2% from the same quarter a year earlier. Against the prior quarter it is up 939.3%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

DBA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DBA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$34.1M	$33.1M-12.9%	$38.0M-12.5%	$43.4M+103.6%	$21.3M+6692.5%	$314K-84.5%	$2.0M-78.2%	$9.3M-19.9%	$11.6M+96.8%	$5.9M+178.2%	$2.1M+890.8%	$214K-51.8%	$444K	N/A	N/A	N/A
Operating Income	$26.7M	$26.4M-16.3%	$31.5M-11.9%	$35.8M+393.1%	$7.3M+193.9%	-$7.7M-369.8%	-$1.6M-130.1%	$5.5M-3.5%	$5.7M+932.9%	-$680K+85.8%	-$4.8M+38.4%	-$7.8M+33.3%	-$11.7M+15.1%	-$13.7M	N/A	N/A
EBITDA	N/A	$21.9M+43.5%	$15.3M-9.6%	$16.9M+1206.2%	-$1.5M+80.7%	-$7.9M-192.7%	-$2.7M-79.1%	-$1.5M+62.6%	-$4.0M+29.8%	-$5.7M+16.4%	-$6.9M+14.1%	-$8.0M+34.0%	-$12.1M+16.9%	-$14.6M	N/A	N/A
Interest Expense	$60K	$45K-78.0%	$207K+39.0%	$149K+53.1%	$97K+796.7%	$11K+20.1%	$9K-75.7%	$37K-29.9%	$53K+697.0%	$7K-49.8%	$13K+20.3%	$11K	N/A	N/A	N/A	N/A
Net Income	$26.8M	-$9.8M-104.7%	$210.4M+247.3%	$60.6M+189.1%	-$68.0M-142.0%	$161.8M+455.0%	$29.2M+499.7%	-$7.3M+88.8%	-$64.9M-40.3%	-$46.2M-49.7%	-$30.9M+81.6%	-$168.1M-682.7%	$28.8M+112.9%	-$223.3M-263.4%	-$61.4M+82.8%	-$357.3M
EPS (Basic)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$0.69+83.4%	-$4.16-856.4%	$0.55+114.9%	-$3.69	N/A	-$3.56

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$11.3M+29.3%	$7.0M-18.6%	$7.6M-17.0%	$8.2M-10.4%	$8.7M-14.9%	$8.6M-9.2%	$9.1M-16.4%	$9.2M-17.6%
Operating Income	$8.7M+24.6%	$5.4M-19.9%	$6.0M-19.6%	$6.6M-13.3%	$7.0M-18.2%	$6.8M-14.1%	$7.5M-18.3%	$7.6M-18.2%
EBITDA	$8.7M+67.3%	$5.4M+33.0%	$6.0M+54.9%	$6.6M+79.3%	$5.2M+19.9%	$4.1M+21.2%	$3.9M-12.0%	$3.7M-20.3%
Interest Expense	$60K	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%	$45K+13.3%	$47K+19.6%	$68K+86.4%
Net Income	-$35.5M-584.5%	$55.7M+594.7%	-$10.3M-121.3%	$16.9M-71.8%	-$5.2M+80.5%	-$11.3M-108.7%	$48.2M+352.6%	$59.8M+354.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

DBA Balance Sheet

DBA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$725.8M-7.9%	$787.9M+9.6%	$719.0M-34.1%	$1.1B+5.9%	$1.0B+58.8%	$648.9M+86.4%	$348.0M-30.4%	$500.0M-22.1%	$642.2M-11.3%	$723.9M+7.3%	$674.4M-45.6%	$1.2B-19.9%	$1.5B-7.2%	$1.7B-18.5%	$2.0B
Cash & Equivalents	$0-100.0%	$13.5M+185.4%	$4.7M	N/A	$0-100.0%	$6.7M+4013.1%	$162K	$0-100.0%	$2.3M+3.7%	$2.2M-95.2%	$45.3M-10.7%	$50.7M+12.0%	$45.3M-79.4%	$219.8M+4.2%	$210.9M
Short-Term Investments	$0	$0	$0	N/A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	N/A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$3.0M+470.4%	$533K-96.4%	$14.7M-19.7%	$18.3M+46.9%	$12.5M+2951.7%	$409K+67.4%	$244K-95.3%	$5.2M+1063.8%	$449K-29.3%	$634K+17.2%	$541K-99.7%	$201.8M-38.6%	$328.6M+4686.1%	$6.9M-47.4%	$13.1M
Total Equity	$722.8M-8.2%	$787.4M+11.8%	$704.3M-34.3%	$1.1B+5.4%	$1.0B+57.0%	$648.5M+86.4%	$347.8M-29.7%	$494.8M-22.9%	$641.8M-11.3%	$723.2M+7.3%	$673.9M-35.1%	$1.0B-14.8%	$1.2B-26.6%	$1.7B-18.3%	$2.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$245.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$1.2B+51.7%	$1.2B+48.6%	$725.8M-7.9%	$792.3M+5.3%	$789.7M+11.3%	$819.5M+3.8%	$787.9M+9.6%	$752.4M-9.8%
Cash & Equivalents	$0	$0	$0-100.0%	N/A	$0	$0	$13.5M+185.4%	N/A
Short-Term Investments	$0	$0	$0	N/A	$0	$0	$0	N/A
Long-Term Investments	$0	$0	$0	N/A	$0	$0	$0	N/A
Total Liabilities	$44.8M+4100.9%	$590K+1.7%	$3.0M+470.4%	$517K-96.3%	$1.1M+114.6%	$580K+13.8%	$533K-96.4%	$13.8M-28.5%
Total Equity	$1.2B+46.2%	$1.2B+48.6%	$722.8M-8.2%	$791.8M+7.2%	$788.6M+11.2%	$818.9M+3.8%	$787.4M+11.8%	$738.5M-9.4%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.

DBA Cash Flow Statement

DBA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$343.0M	$38.7M-71.8%	$137.5M-69.4%	$448.5M+423.5%	-$138.6M+35.4%	-$214.6M+19.0%	-$265.0M-285.2%	$143.1M+86.8%	$76.6M+116.9%	$35.3M+128.6%	-$123.4M-163.1%	$195.5M-11.1%	$219.8M+440.5%	$40.7M-87.5%	$326.3M-37.3%	$520.5M
Depreciation & Amortization	N/A	-$4.5M+72.4%	-$16.3M+13.9%	-$18.9M-115.1%	-$8.8M-5147.9%	-$167K+84.1%	-$1.1M+84.9%	-$7.0M+28.1%	-$9.7M-91.6%	-$5.1M-143.9%	-$2.1M-869.9%	-$214K+52.0%	-$445K+47.0%	-$840K+30.1%	-$1.2M+43.7%	-$2.1M
Financing Cash Flow	$343.0M	-$52.2M+59.4%	-$128.7M+71.0%	-$443.7M-420.1%	$138.6M-33.3%	$207.9M-23.4%	$271.5M+290.0%	-$142.9M-81.2%	-$78.9M-123.8%	-$35.2M-143.9%	$80.2M	N/A	N/A	-$215.1M+32.2%	-$317.5M-2.6%	-$309.6M
Dividends Paid	N/A	$25.9M-19.4%	$32.1M-5.3%	$33.9M+497.9%	$5.7M	N/A	N/A	$5.4M0.0%	$5.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$584.1M	$202.9M-17.3%	$245.3M-54.8%	$543.2M-61.6%	$1.4B+328.6%	$330.4M+121.2%	$149.3M-33.2%	$223.6M-15.3%	$263.9M-1.1%	$266.9M+13.6%	$235.0M-31.1%	$340.8M-39.6%	$564.6M+3.3%	$546.7M-8.2%	$595.6M-73.3%	$2.2B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$23.0M-8.3%	-$435.9M-674.9%	$56.2M+339.9%	$13.7M-55.0%	$25.1M-52.6%	-$56.3M-236.4%	$12.8M-90.1%	$30.4M-9.1%
Depreciation & Amortization	$0+100.0%	$0+100.0%	$0+100.0%	$0+100.0%	-$1.8M+57.6%	-$2.7M+40.3%	-$3.6M+24.2%	-$3.9M+16.1%
Financing Cash Flow	-$23.0M+8.3%	$435.9M+918.9%	-$56.2M-8087.1%	-$13.7M+55.0%	-$25.1M+52.6%	$42.8M+193.1%	$703K+100.6%	-$30.4M+9.1%
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$31.8M	$0
Share Buybacks	$465.6M+520.2%	$44.8M-17.3%	$39.5M+99.6%	$34.1M-16.0%	$75.1M-40.6%	$54.2M-7.3%	$19.8M-84.6%	$40.6M-20.0%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow.

DBA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DBA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	79.7%-3.2pp	82.9%+0.6pp	82.4%+48.4pp	34.0%	-2461.3%	-81.2%-140.0pp	58.9%+10.0pp	48.8%+60.4pp	-11.5%	-226.1%	-3637.0%	-2626.6%	N/A	N/A	N/A
Net Margin	-29.7%	553.8%	139.5%	-318.8%	51557.4%	1438.9%	-78.5%	-559.3%	-784.2%	-1457.5%	-78562.3%	6491.4%	N/A	N/A	N/A
Return on Equity	-1.4%-28.1pp	26.7%+18.1pp	8.6%+14.9pp	-6.3%-22.2pp	15.9%+11.4pp	4.5%+6.6pp	-2.1%+11.0pp	-13.1%-5.9pp	-7.2%-2.9pp	-4.3%+20.7pp	-24.9%-27.7pp	2.8%+21.1pp	-18.3%-14.6pp	-3.7%+13.9pp	-17.6%
Return on Assets	-1.4%-28.1pp	26.7%+18.3pp	8.4%+14.7pp	-6.2%-21.9pp	15.7%+11.2pp	4.5%+6.6pp	-2.1%+10.9pp	-13.0%-5.8pp	-7.2%-2.9pp	-4.3%+20.7pp	-24.9%-27.3pp	2.3%+16.8pp	-14.4%-10.8pp	-3.7%+13.8pp	-17.4%
Debt-to-Equity	0.000.0x	0.000.0x	0.020.0x	0.020.0x	0.010.0x	0.000.0x	0.000.0x	0.010.0x	0.000.0x	0.000.0x	0.00-0.2x	0.19-0.1x	0.27+0.3x	0.000.0x	0.01
Asset Turnover	0.050.0x	0.050.0x	0.060.0x	0.020.0x	0.000.0x	0.000.0x	0.030.0x	0.020.0x	0.010.0x	0.000.0x	0.000.0x	0.00	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	77.0%-2.9pp	77.9%-1.3pp	79.4%-2.5pp	80.3%-2.7pp	79.8%-3.3pp	79.2%-4.5pp	81.9%-1.9pp	83.0%-0.6pp
Net Margin	-315.0%	797.2%	-136.0%	204.7%	-59.5%	-131.2%	528.9%	649.6%
Return on Equity	-3.1%-2.4pp	4.6%+5.9pp	-1.4%-7.5pp	2.1%-6.0pp	-0.7%+3.1pp	-1.4%-17.7pp	6.1%+4.6pp	8.1%+6.5pp
Return on Assets	-3.0%-2.3pp	4.6%+5.9pp	-1.4%-7.5pp	2.1%-5.8pp	-0.7%+3.1pp	-1.4%-17.7pp	6.1%+4.6pp	7.9%+6.4pp
Debt-to-Equity	0.040.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.000.0x	0.020.0x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Where Invesco DB Agriculture Fund Ranks

Frequently Asked Questions

What is Invesco DB Agriculture Fund's annual revenue?

Invesco DB Agriculture Fund (DBA) reported $33.1M in total revenue for fiscal year 2025. This represents a -12.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Invesco DB Agriculture Fund's revenue growing?

Invesco DB Agriculture Fund (DBA) revenue declined by 12.9% year-over-year, from $38.0M to $33.1M in fiscal year 2025.

Is Invesco DB Agriculture Fund profitable?

No, Invesco DB Agriculture Fund (DBA) reported a net income of -$9.8M in fiscal year 2025, with a net profit margin of -29.7%.

What is Invesco DB Agriculture Fund's EBITDA?

Invesco DB Agriculture Fund (DBA) had EBITDA of $21.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Invesco DB Agriculture Fund's operating margin?

Invesco DB Agriculture Fund (DBA) had an operating margin of 79.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Invesco DB Agriculture Fund's net profit margin?

Invesco DB Agriculture Fund (DBA) had a net profit margin of -29.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Invesco DB Agriculture Fund's return on equity (ROE)?

Invesco DB Agriculture Fund (DBA) has a return on equity of -1.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Invesco DB Agriculture Fund's operating cash flow?

Invesco DB Agriculture Fund (DBA) generated $38.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Invesco DB Agriculture Fund's total assets?

Invesco DB Agriculture Fund (DBA) had $725.8M in total assets as of fiscal year 2025, including both current and long-term assets.

Does Invesco DB Agriculture Fund buy back shares?

Yes, Invesco DB Agriculture Fund (DBA) spent $202.9M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Invesco DB Agriculture Fund have outstanding?

Invesco DB Agriculture Fund (DBA) had 28M shares outstanding as of fiscal year 2025.

What is Invesco DB Agriculture Fund's debt-to-equity ratio?

Invesco DB Agriculture Fund (DBA) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Invesco DB Agriculture Fund's return on assets (ROA)?

Invesco DB Agriculture Fund (DBA) had a return on assets of -1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Invesco DB Agriculture Fund's Piotroski F-Score?

Invesco DB Agriculture Fund (DBA) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Invesco DB Agriculture Fund's earnings high quality?

Invesco DB Agriculture Fund (DBA) reported a net loss of $9.8M while generating $38.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Invesco DB Agriculture Fund cover its interest payments?

Invesco DB Agriculture Fund (DBA) has an interest coverage ratio of 580.52x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.