British & American Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
British & American Investment Trust has a total shareholder equity of £4.5M and total debt of £1.2M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are £12.0M and £7.4M respectively.
Key information
27.4%
Debt to equity ratio
UK£1.24m
Debt
Interest coverage ratio | n/a |
Cash | UK£39.00k |
Equity | UK£4.51m |
Total liabilities | UK£7.45m |
Total assets | UK£11.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAF's short term assets (£401.0K) do not cover its short term liabilities (£3.2M).
Long Term Liabilities: BAF's short term assets (£401.0K) do not cover its long term liabilities (£4.2M).
Debt to Equity History and Analysis
Debt Level: BAF's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: BAF's debt to equity ratio has reduced from 35.2% to 27.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if BAF has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BAF has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.