Bankers Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Bankers Investment Trust has a total shareholder equity of £1.5B and total debt of £124.2M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are £1.6B and £134.8M respectively. Bankers Investment Trust's EBIT is £155.0M making its interest coverage ratio 39. It has cash and short-term investments of £50.2M.
Key information
8.5%
Debt to equity ratio
UK£124.16m
Debt
| Interest coverage ratio | 39x |
| Cash | UK£50.24m |
| Equity | UK£1.45b |
| Total liabilities | UK£134.76m |
| Total assets | UK£1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNKRL's short term assets (£57.4M) exceed its short term liabilities (£10.6M).
Long Term Liabilities: BNKRL's short term assets (£57.4M) do not cover its long term liabilities (£124.2M).
Debt to Equity History and Analysis
Debt Level: BNKRL's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: BNKRL's debt to equity ratio has increased from 5.7% to 8.5% over the past 5 years.
Debt Coverage: BNKRL's debt is well covered by operating cash flow (95.4%).
Interest Coverage: BNKRL's interest payments on its debt are well covered by EBIT (39x coverage).