Baillie Gifford Japan Trust Balance Sheet Health
Financial Health criteria checks 1/6
Baillie Gifford Japan Trust has a total shareholder equity of £753.5M and total debt of £142.1M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are £898.1M and £144.7M respectively. Baillie Gifford Japan Trust's EBIT is £4.5M making its interest coverage ratio 2.5. It has cash and short-term investments of £9.4M.
Key information
18.9%
Debt to equity ratio
UK£142.10m
Debt
Interest coverage ratio | 2.5x |
Cash | UK£9.40m |
Equity | UK£753.46m |
Total liabilities | UK£144.66m |
Total assets | UK£898.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGFD's short term assets (£11.8M) do not cover its short term liabilities (£65.4M).
Long Term Liabilities: BGFD's short term assets (£11.8M) do not cover its long term liabilities (£79.2M).
Debt to Equity History and Analysis
Debt Level: BGFD's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: BGFD's debt to equity ratio has increased from 17.3% to 18.9% over the past 5 years.
Debt Coverage: BGFD's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: BGFD's interest payments on its debt are not well covered by EBIT (2.5x coverage).