Henderson Opportunities Trust Balance Sheet Health
Financial Health criteria checks 4/6
Henderson Opportunities Trust has a total shareholder equity of £95.2M and total debt of £11.2M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are £106.8M and £11.6M respectively. Henderson Opportunities Trust's EBIT is £1.8M making its interest coverage ratio 2.3. It has cash and short-term investments of £2.2M.
Key information
11.8%
Debt to equity ratio
UK£11.21m
Debt
| Interest coverage ratio | 2.3x |
| Cash | UK£2.18m |
| Equity | UK£95.21m |
| Total liabilities | UK£11.62m |
| Total assets | UK£106.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOTL's short term assets (£2.8M) do not cover its short term liabilities (£11.6M).
Long Term Liabilities: HOTL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: HOTL's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: HOTL's debt to equity ratio has reduced from 14.9% to 11.8% over the past 5 years.
Debt Coverage: HOTL's debt is well covered by operating cash flow (21.1%).
Interest Coverage: HOTL's interest payments on its debt are not well covered by EBIT (2.3x coverage).