Invesco DB US Dollar Index Bearish Fund (UDN) Financials

UDN

Trailing 12 months to June 30, 2026

Revenue $5.4M +61.3% YoY

Net Income -$4.0M -146.8% YoY

EPS (Diluted) Not reported for the trailing 12 months

Operating Cash Flow $31.8M +136.6% 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 UDN SEC filings page.

Invesco DB US Dollar Index Bearish Fund (UDN) reported $5.4M in revenue over the twelve months to Jun 30, 2026, up 61.3% 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 UDN FY2025 2026-08-29

Investor flows, not operating cash generation, are the dominant mechanic behind this fund’s rapidly changing balance sheet.

Assets expanded from $51.3M in FY2024 to $138.7M in FY2025, but the corresponding cash pattern was not internally generated: operating cash flow was -$78.5M while financing cash flow was $78.5M. That mirror-image relationship suggests the fund’s balance-sheet scale is being set chiefly by capital flows, rather than by retained operating cash.

Net income swung from -$3.4M in FY2024 to $9.0M in FY2025, making the bottom-line reversal more than a simple change in reported operating activity. Operating margin narrowed from 85.8% to 83.6%, so the earnings improvement was not produced by expanding operating efficiency.

Liabilities were only $78K against $138.7M of assets in FY2025, indicating that the portfolio is funded with almost no creditor capital. A debt-to-equity ratio of 0.0x means changes in asset scale are not being amplified by balance-sheet leverage.

Financial Health Signals

Financial health score not available

Invesco DB US Dollar Index Bearish 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

2/6

Invesco DB US Dollar Index Bearish Fund passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

$8.72used

For every $1 of reported earnings, Invesco DB US Dollar Index Bearish Fund used $8.72 of operating cash (-$78.5M OCF vs $9.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage Safe

2,922.88x

Invesco DB US Dollar Index Bearish Fund earns $2,922.88 in operating income for every $1 of interest expense ($4.1M vs $1K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1M

YoY-15.3%

QoQ-9.6%

5Y CAGR+155.7%

10Y CAGR+44.4%

Invesco DB US Dollar Index Bearish Fund generated $1.1M in revenue in Q2 2026. This represents a decrease of 15.3% from the same quarter a year earlier. Against the prior quarter it is down 9.6%.

EBITDA

$917K

YoY-18.1%

QoQ-10.0%

Invesco DB US Dollar Index Bearish Fund's EBITDA was $917K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 18.1% from the same quarter a year earlier. Against the prior quarter it is down 10.0%.

Net Income

-$433K

YoY-105.5%

QoQ+81.4%

Invesco DB US Dollar Index Bearish Fund reported -$433K in net income in Q2 2026. This represents a decrease of 105.5% from the same quarter a year earlier. Against the prior quarter it is up 81.4%.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

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

Shares Outstanding

YoY-23.6%

QoQ-24.5%

5Y CAGR+9.6%

10Y CAGR+11.6%

Invesco DB US Dollar Index Bearish Fund had 6M shares outstanding in Q2 2026. This represents a decrease of 23.6% from the same quarter a year earlier. Against the prior quarter it is down 24.5%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

80.8%

YoY-2.9pp

QoQ-0.4pp

Invesco DB US Dollar Index Bearish Fund's operating margin was 80.8% 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 0.4 percentage points.

Net Margin

-38.2%

Invesco DB US Dollar Index Bearish Fund's net profit margin was -38.2% in Q2 2026, showing the share of revenue converted to profit. No change is given against Q2 2025: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

-0.4%

YoY-5.8pp

QoQ+1.2pp

5Y CAGR-1.0pp

10Y CAGR+1.4pp

Invesco DB US Dollar Index Bearish Fund's ROE was -0.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$40.2M

YoY+4289.0%

QoQ+134.0%

5Y CAGR+30.3%

Invesco DB US Dollar Index Bearish Fund spent $40.2M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 4289.0% from the same quarter a year earlier. Against the prior quarter it is up 134.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

UDN 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.

UDN 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	$5.4M	$4.9M+61.5%	$3.1M-20.5%	$3.8M+245.7%	$1.1M+2908.1%	$37K-80.9%	$193K-75.0%	$771K+19.4%	$646K+83.6%	$352K+193.7%	$120K+852.0%	$13K-36.2%	$20K	N/A	N/A	N/A
Operating Income	$4.5M	$4.1M+57.4%	$2.6M-19.9%	$3.3M+384.9%	$674K+225.0%	-$540K-166.3%	-$203K-140.2%	$504K+35.8%	$371K+761.0%	$43K+121.4%	-$201K+35.8%	-$313K+29.5%	-$444K+21.6%	-$567K	N/A	N/A
EBITDA	N/A	$4.0M+243.8%	$1.2M-16.5%	$1.4M+488.3%	$235K+141.5%	-$566K-67.7%	-$338K-61.9%	-$209K+9.1%	-$229K+20.6%	-$289K+9.4%	-$319K+2.1%	-$326K+29.8%	-$464K+23.0%	-$602K	N/A	N/A
Interest Expense	$3K	$1K-77.4%	$6K-21.1%	$8K+227.3%	$2K+342.6%	$547+6.0%	$516-50.4%	$1K-35.3%	$2K+514.5%	$262-65.6%	$761-24.8%	$1K	N/A	N/A	N/A	N/A
Net Income	-$4.0M	$9.0M+360.8%	-$3.4M-243.8%	$2.4M+219.1%	-$2.0M+63.7%	-$5.5M-234.6%	$4.1M+1039.3%	-$439K+79.8%	-$2.2M-160.1%	$3.6M+347.7%	-$1.5M+62.2%	-$3.9M+47.1%	-$7.3M-536.7%	-$1.1M-247.2%	$780K+6238.5%	$12K
EPS (Basic)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$0.95+59.6%	-$2.35+29.2%	-$3.32-2918.2%	-$0.11	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
Revenue	$1.1M-15.3%	$1.3M+121.1%	$1.4M+99.2%	$1.6M+118.1%	$1.3M+79.5%	$567K-33.8%	$727K-15.5%	$725K-23.8%
Operating Income	$917K-18.2%	$1.0M+115.6%	$1.2M+95.8%	$1.3M+112.9%	$1.1M+74.8%	$472K-36.2%	$614K-17.4%	$622K-24.0%
EBITDA	$917K-18.1%	$1.0M+214.5%	$1.2M+257.5%	$1.3M+480.3%	$1.1M+345.0%	$324K-4.3%	$336K-1.2%	$228K-33.8%
Interest Expense	$3K+2823.6%	$0-100.0%	$0-100.0%	$0-100.0%	$89-94.0%	$1K-17.8%	$2K+24.5%	$1K-37.9%
Net Income	-$433K-105.5%	-$2.3M-200.3%	-$516K+88.9%	-$746K-124.9%	$7.9M+3156.7%	$2.3M+250.9%	-$4.6M-234.3%	$3.0M+268.5%

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).

UDN Balance Sheet

UDN 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	$138.7M+170.2%	$51.3M-21.7%	$65.5M-34.4%	$99.9M+105.3%	$48.7M-48.2%	$93.9M+84.2%	$51.0M+71.4%	$29.8M-26.4%	$40.4M+23.3%	$32.8M-23.9%	$43.1M-1.8%	$43.8M-37.4%	$70.1M-24.3%	$92.6M-9.5%	$102.2M
Cash & Equivalents	$0	$0	$0-100.0%	$564K	$0-100.0%	$274K+267.7%	$74K	$0-100.0%	$169K+0.2%	$169K-97.4%	$6.6M+258.7%	$1.8M-63.6%	$5.0M-74.4%	$19.6M+1141.9%	$1.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$78K-72.3%	$280K+140.9%	$116K+89.0%	$62K+54.9%	$40K-86.9%	$304K-97.0%	$10.0M+2499.5%	$384K+1174.7%	$30K+10.2%	$27K-99.4%	$4.5M+326.7%	$1.1M-79.1%	$5.0M+8024.5%	$62K-12.3%	$71K
Total Equity	$138.6M+171.5%	$51.0M-22.0%	$65.4M-34.5%	$99.9M+105.4%	$48.6M-48.1%	$93.6M+128.3%	$41.0M+39.6%	$29.4M-27.3%	$40.4M+23.3%	$32.7M-15.1%	$38.6M-9.9%	$42.8M-34.2%	$65.0M-29.7%	$92.5M-9.5%	$102.2M
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	$2.7M

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	$112.6M-24.2%	$143.2M+106.7%	$138.7M+170.2%	$156.2M+112.6%	$148.5M+181.0%	$69.3M+11.3%	$51.3M-21.7%	$73.5M+15.8%
Cash & Equivalents	$0	$0	$0	$0	$0	$0	$0	$0
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$5.4M+3848.7%	$80K+90.0%	$78K-72.3%	$86K-99.1%	$137K+271.9%	$42K-75.0%	$280K+140.9%	$10.1M+22160.4%
Total Equity	$107.2M-27.7%	$143.1M+106.7%	$138.6M+171.5%	$156.1M+146.2%	$148.3M+180.9%	$69.2M+11.6%	$51.0M-22.0%	$63.4M-0.1%

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.

UDN Cash Flow Statement

UDN 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	$31.8M	-$78.5M-822.9%	$10.9M-70.1%	$36.3M+168.9%	-$52.7M-234.5%	$39.2M+181.1%	-$48.3M-315.0%	-$11.6M-240.3%	$8.3M+307.2%	-$4.0M-276.7%	$2.3M+188.6%	$785K-93.3%	$11.7M-0.2%	$11.8M-58.7%	$28.4M-34.6%	$43.5M
Depreciation & Amortization	N/A	-$151K+89.7%	-$1.5M+22.4%	-$1.9M-329.5%	-$439K-1561.4%	-$26K+80.4%	-$135K+81.1%	-$712K-18.7%	-$600K-80.9%	-$332K-181.7%	-$118K-836.0%	-$13K+36.3%	-$20K+44.0%	-$35K+30.5%	-$51K+45.2%	-$93K
Financing Cash Flow	-$31.8M	$78.5M+822.9%	-$10.9M+70.6%	-$36.9M-169.2%	$53.3M+235.0%	-$39.4M-181.3%	$48.5M+314.1%	$11.7M+238.4%	-$8.5M-311.4%	$4.0M+146.2%	-$8.7M	N/A	N/A	-$26.3M-152.3%	-$10.4M+78.8%	-$49.3M
Dividends Paid	N/A	$4.1M+49.9%	$2.7M-16.9%	$3.3M+365.7%	$701K	N/A	N/A	$509K+36.9%	$372K+762.1%	$43K	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$80.5M	$29.1M-4.9%	$30.6M-62.1%	$80.6M+86.5%	$43.2M-31.5%	$63.1M+155.4%	$24.7M+50.3%	$16.4M-82.0%	$91.2M+412.9%	$17.8M-31.7%	$26.0M-15.9%	$30.9M-22.7%	$40.0M+25.9%	$31.8M-50.6%	$64.4M-63.9%	$178.5M

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	$30.1M+142.3%	-$6.8M+56.7%	$17.0M+122.5%	-$8.5M-11.9%	-$71.2M-891.4%	-$15.8M-970.6%	$7.6M+420.5%	-$7.6M-192.1%
Depreciation & Amortization	$0+100.0%	$0+100.0%	$0+100.0%	$0+100.0%	-$2K+99.4%	-$148K+63.1%	-$278K+31.0%	-$394K+16.8%
Financing Cash Flow	-$30.1M-142.3%	$6.8M-56.7%	-$17.0M-122.5%	$8.5M+11.9%	$71.2M+891.4%	$15.8M+970.6%	-$7.6M-420.5%	$7.6M+192.1%
Share Buybacks	$40.2M+4289.0%	$17.2M+243.6%	$16.7M+16.3%	$6.5M+138.6%	$915K-91.5%	$5.0M+83.2%	$14.3M+673.3%	$2.7M-82.8%

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

UDN 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.

UDN 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	83.5%-2.2pp	85.8%+0.6pp	85.2%+24.4pp	60.7%	-1461.8%	-105.0%	65.3%+7.9pp	57.4%+45.2pp	12.2%	-167.8%	-2487.0%	-2250.7%	N/A	N/A	N/A
Net Margin	182.4%	-113.0%	62.5%	-181.4%	-15025.9%	2135.5%	-56.9%	-336.8%	1028.5%	-1219.3%	-30739.3%	-37040.3%	N/A	N/A	N/A
Return on Equity	6.5%+13.3pp	-6.8%-10.4pp	3.7%+5.7pp	-2.0%+9.4pp	-11.4%-15.8pp	4.4%+5.5pp	-1.1%+6.3pp	-7.4%-16.4pp	9.0%+13.4pp	-4.5%+5.6pp	-10.0%+7.1pp	-17.1%-15.3pp	-1.8%-2.6pp	0.8%+0.8pp	0.0%
Return on Assets	6.5%+13.2pp	-6.7%-10.4pp	3.7%+5.7pp	-2.0%+9.4pp	-11.4%-15.8pp	4.4%+5.3pp	-0.9%+6.5pp	-7.3%-16.3pp	9.0%+13.4pp	-4.5%+4.5pp	-9.0%+7.7pp	-16.7%-15.0pp	-1.6%-2.5pp	0.8%+0.8pp	0.0%
Debt-to-Equity	0.000.0x	0.010.0x	0.000.0x	0.000.0x	0.000.0x	0.00-0.2x	0.24+0.2x	0.010.0x	0.000.0x	0.00-0.1x	0.12+0.1x	0.02-0.1x	0.08+0.1x	0.000.0x	0.00
Asset Turnover	0.040.0x	0.060.0x	0.060.0x	0.010.0x	0.000.0x	0.000.0x	0.020.0x	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	80.8%-2.9pp	81.2%-2.0pp	83.1%-1.4pp	83.8%-2.1pp	83.8%-2.2pp	83.3%-3.2pp	84.6%-1.9pp	85.9%-0.1pp
Net Margin	-38.2%	-185.9%	-35.7%	-47.2%	592.9%	409.6%	-639.7%	413.7%
Return on Equity	-0.4%-5.8pp	-1.6%-5.0pp	-0.4%+8.7pp	-0.5%-5.2pp	5.3%+5.8pp	3.4%+5.8pp	-9.1%-14.4pp	4.7%+7.5pp
Return on Assets	-0.4%-5.7pp	-1.6%-5.0pp	-0.4%+8.7pp	-0.5%-4.6pp	5.3%+5.8pp	3.4%+5.8pp	-9.1%-14.3pp	4.1%+6.9pp
Debt-to-Equity	0.050.0x	0.000.0x	0.000.0x	0.00-0.2x	0.000.0x	0.000.0x	0.010.0x	0.16+0.2x
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 US Dollar Index Bearish Fund Ranks

Frequently Asked Questions

What is Invesco DB US Dollar Index Bearish Fund's annual revenue?

Invesco DB US Dollar Index Bearish Fund (UDN) reported $4.9M in total revenue for fiscal year 2025. This represents a 61.5% 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 US Dollar Index Bearish Fund's revenue growing?

Invesco DB US Dollar Index Bearish Fund (UDN) revenue grew by 61.5% year-over-year, from $3.1M to $4.9M in fiscal year 2025.

Is Invesco DB US Dollar Index Bearish Fund profitable?

Yes, Invesco DB US Dollar Index Bearish Fund (UDN) reported a net income of $9.0M in fiscal year 2025.

What is Invesco DB US Dollar Index Bearish Fund's EBITDA?

Invesco DB US Dollar Index Bearish Fund (UDN) had EBITDA of $4.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Invesco DB US Dollar Index Bearish Fund's operating margin?

Invesco DB US Dollar Index Bearish Fund (UDN) had an operating margin of 83.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Invesco DB US Dollar Index Bearish Fund's return on equity (ROE)?

Invesco DB US Dollar Index Bearish Fund (UDN) has a return on equity of 6.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Invesco DB US Dollar Index Bearish Fund's operating cash flow?

Invesco DB US Dollar Index Bearish Fund (UDN) recorded an outflow of $78.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Invesco DB US Dollar Index Bearish Fund's total assets?

Invesco DB US Dollar Index Bearish Fund (UDN) had $138.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Does Invesco DB US Dollar Index Bearish Fund buy back shares?

Yes, Invesco DB US Dollar Index Bearish Fund (UDN) spent $29.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Invesco DB US Dollar Index Bearish Fund have outstanding?

Invesco DB US Dollar Index Bearish Fund (UDN) had 7M shares outstanding as of fiscal year 2025.

What is Invesco DB US Dollar Index Bearish Fund's debt-to-equity ratio?

Invesco DB US Dollar Index Bearish Fund (UDN) 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 US Dollar Index Bearish Fund's return on assets (ROA)?

Invesco DB US Dollar Index Bearish Fund (UDN) had a return on assets of 6.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Invesco DB US Dollar Index Bearish Fund's Piotroski F-Score?

Invesco DB US Dollar Index Bearish Fund (UDN) has a Piotroski F-Score of 2 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 US Dollar Index Bearish Fund's earnings high quality?

For every $1 of reported earnings, Invesco DB US Dollar Index Bearish Fund (UDN) used $8.72 of operating cash (-$78.5M OCF vs $9.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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 US Dollar Index Bearish Fund cover its interest payments?

Invesco DB US Dollar Index Bearish Fund (UDN) has an interest coverage ratio of 2,922.88x, 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.