abrdn Equity Income Trust Balance Sheet Health
Financial Health criteria checks 3/6
abrdn Equity Income Trust has a total shareholder equity of £149.9M and total debt of £20.9M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are £171.6M and £21.7M respectively. abrdn Equity Income Trust's EBIT is £4.7M making its interest coverage ratio 3.5. It has cash and short-term investments of £4.2M.
Key information
14.0%
Debt to equity ratio
UK£20.94m
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£4.22m |
| Equity | UK£149.87m |
| Total liabilities | UK£21.70m |
| Total assets | UK£171.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEI's short term assets (£5.8M) do not cover its short term liabilities (£21.7M).
Long Term Liabilities: AEI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AEI's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: AEI's debt to equity ratio has increased from 12.6% to 14% over the past 5 years.
Debt Coverage: Insufficient data to determine if AEI's debt is well covered by operating cash flow.
Interest Coverage: AEI's interest payments on its debt are well covered by EBIT (3.5x coverage).