Income Financial Trust Balance Sheet Health
Financial Health criteria checks 6/6
Income Financial Trust has a total shareholder equity of CA$23.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$23.7M and CA$368.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$1.45m |
Equity | CA$23.34m |
Total liabilities | CA$368.71k |
Total assets | CA$23.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INC.UN's short term assets (CA$1.5M) exceed its short term liabilities (CA$368.7K).
Long Term Liabilities: INC.UN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: INC.UN is debt free.
Reducing Debt: INC.UN has not had any debt for past 5 years.
Debt Coverage: INC.UN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: INC.UN has no debt, therefore coverage of interest payments is not a concern.