CT UK Capital And Income Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
CT UK Capital And Income Investment Trust has a total shareholder equity of £340.2M and total debt of £26.0M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are £367.0M and £26.8M respectively. CT UK Capital And Income Investment Trust's EBIT is £42.8M making its interest coverage ratio 26.7. It has cash and short-term investments of £4.3M.
Key information
7.6%
Debt to equity ratio
UK£26.00m
Debt
Interest coverage ratio | 26.7x |
Cash | UK£4.27m |
Equity | UK£340.17m |
Total liabilities | UK£26.81m |
Total assets | UK£366.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTUKL's short term assets (£6.1M) do not cover its short term liabilities (£26.8M).
Long Term Liabilities: CTUKL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CTUKL's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: CTUKL's debt to equity ratio has increased from 6.2% to 7.6% over the past 5 years.
Debt Coverage: CTUKL's debt is well covered by operating cash flow (45.9%).
Interest Coverage: CTUKL's interest payments on its debt are well covered by EBIT (26.7x coverage).