Top 10 Split Trust Balance Sheet Health
Financial Health criteria checks 4/6
Top 10 Split Trust has a total shareholder equity of CA$1.1M and total debt of CA$6.2M, which brings its debt-to-equity ratio to 564.9%. Its total assets and total liabilities are CA$8.3M and CA$7.2M respectively. Top 10 Split Trust's EBIT is CA$1.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$8.3M.
Key information
564.9%
Debt to equity ratio
CA$6.24m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$8.28m |
| Equity | CA$1.11m |
| Total liabilities | CA$7.20m |
| Total assets | CA$8.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TXT.UN's short term assets (CA$8.3M) exceed its short term liabilities (CA$7.2M).
Long Term Liabilities: TXT.UN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TXT.UN has more cash than its total debt.
Reducing Debt: TXT.UN's debt to equity ratio has reduced from 656.2% to 564.9% over the past 5 years.
Debt Coverage: TXT.UN's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: TXT.UN's interest payments on its debt are not well covered by EBIT (2.3x coverage).