BlackRock Energy and Resources Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
BlackRock Energy and Resources Income Trust has a total shareholder equity of £162.4M and total debt of £17.9M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are £183.1M and £20.7M respectively.
Key information
11.0%
Debt to equity ratio
UK£17.86m
Debt
Interest coverage ratio | n/a |
Cash | UK£5.28m |
Equity | UK£162.36m |
Total liabilities | UK£20.74m |
Total assets | UK£183.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BERIL's short term assets (£7.6M) do not cover its short term liabilities (£20.7M).
Long Term Liabilities: BERIL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BERIL's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: BERIL's debt to equity ratio has increased from 8.8% to 11% over the past 5 years.
Debt Coverage: BERIL's debt is well covered by operating cash flow (30%).
Interest Coverage: Insufficient data to determine if BERIL's interest payments on its debt are well covered by EBIT.