M&G Credit Income Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
M&G Credit Income Investment Trust has a total shareholder equity of £136.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £140.4M and £3.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.36m |
| Equity | UK£136.64m |
| Total liabilities | UK£3.74m |
| Total assets | UK£140.38m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MGCIL's short term assets (£5.7M) exceed its short term liabilities (£3.7M).
Long Term Liabilities: MGCIL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MGCIL is debt free.
Reducing Debt: MGCIL had no debt 5 years ago.
Debt Coverage: MGCIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MGCIL has no debt, therefore coverage of interest payments is not a concern.