Octopus Renewables Infrastructure Trust Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Renewables Infrastructure Trust has a total shareholder equity of £592.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £594.6M and £1.8M respectively. Octopus Renewables Infrastructure Trust's EBIT is £18.2M making its interest coverage ratio -75. It has cash and short-term investments of £11.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -75x |
| Cash | UK£11.82m |
| Equity | UK£592.79m |
| Total liabilities | UK£1.84m |
| Total assets | UK£594.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORITL's short term assets (£12.0M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: ORITL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ORITL is debt free.
Reducing Debt: ORITL has not had any debt for past 5 years.
Debt Coverage: ORITL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORITL has no debt, therefore coverage of interest payments is not a concern.