BlackRock Throgmorton Trust Balance Sheet Health
Financial Health criteria checks 5/6
BlackRock Throgmorton Trust has a total shareholder equity of £644.5M and total debt of £3.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £663.0M and £18.5M respectively. BlackRock Throgmorton Trust's EBIT is £91.7M making its interest coverage ratio 28.7. It has cash and short-term investments of £43.5M.
Key information
0.0005%
Debt to equity ratio
UK£3.00k
Debt
| Interest coverage ratio | 28.7x |
| Cash | UK£43.52m |
| Equity | UK£644.50m |
| Total liabilities | UK£18.50m |
| Total assets | UK£663.00m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THRGl's short term assets (£50.9M) exceed its short term liabilities (£18.5M).
Long Term Liabilities: THRGl has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: THRGl has more cash than its total debt.
Reducing Debt: THRGl's debt to equity ratio has increased from 0% to 0% over the past 5 years.
Debt Coverage: THRGl's debt is well covered by operating cash flow (3188200%).
Interest Coverage: THRGl's interest payments on its debt are well covered by EBIT (28.7x coverage).