Dunedin Income Growth Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
Dunedin Income Growth Investment Trust has a total shareholder equity of £460.4M and total debt of £48.8M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are £510.3M and £49.9M respectively. Dunedin Income Growth Investment Trust's EBIT is £41.5M making its interest coverage ratio 21.3. It has cash and short-term investments of £4.8M.
Key information
10.6%
Debt to equity ratio
UK£48.79m
Debt
| Interest coverage ratio | 21.3x |
| Cash | UK£4.84m |
| Equity | UK£460.43m |
| Total liabilities | UK£49.88m |
| Total assets | UK£510.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DIGL's short term assets (£8.6M) do not cover its short term liabilities (£20.1M).
Long Term Liabilities: DIGL's short term assets (£8.6M) do not cover its long term liabilities (£29.7M).
Debt to Equity History and Analysis
Debt Level: DIGL's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: DIGL's debt to equity ratio has increased from 9.2% to 10.6% over the past 5 years.
Debt Coverage: DIGL's debt is well covered by operating cash flow (43.1%).
Interest Coverage: DIGL's interest payments on its debt are well covered by EBIT (21.3x coverage).