STS Global Income & Growth Trust Balance Sheet Health
Financial Health criteria checks 5/6
STS Global Income & Growth Trust has a total shareholder equity of £314.4M and total debt of £15.4M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are £391.1M and £76.8M respectively. STS Global Income & Growth Trust's EBIT is £11.5M making its interest coverage ratio 14.9. It has cash and short-term investments of £6.4M.
Key information
4.9%
Debt to equity ratio
UK£15.45m
Debt
| Interest coverage ratio | 14.9x |
| Cash | UK£6.38m |
| Equity | UK£314.35m |
| Total liabilities | UK£76.76m |
| Total assets | UK£391.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6XO's short term assets (£66.4M) do not cover its short term liabilities (£76.8M).
Long Term Liabilities: 6XO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6XO's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 6XO's debt to equity ratio has reduced from 13.1% to 4.9% over the past 5 years.
Debt Coverage: 6XO's debt is well covered by operating cash flow (201.3%).
Interest Coverage: 6XO's interest payments on its debt are well covered by EBIT (14.9x coverage).