abrdn European Logistics Income Balance Sheet Health
Financial Health criteria checks 2/6
abrdn European Logistics Income has a total shareholder equity of €368.2M and total debt of €248.5M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are €667.4M and €299.2M respectively. abrdn European Logistics Income's EBIT is €20.8M making its interest coverage ratio 2.3. It has cash and short-term investments of €26.6M.
Key information
67.5%
Debt to equity ratio
€248.46m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €26.62m |
| Equity | €368.22m |
| Total liabilities | €299.18m |
| Total assets | €667.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5JX's short term assets (€48.3M) do not cover its short term liabilities (€73.1M).
Long Term Liabilities: 5JX's short term assets (€48.3M) do not cover its long term liabilities (€226.1M).
Debt to Equity History and Analysis
Debt Level: 5JX's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: 5JX's debt to equity ratio has increased from 45.6% to 67.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5JX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5JX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.6% per year.