BlackRock Greater Europe Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
BlackRock Greater Europe Investment Trust has a total shareholder equity of £565.7M and total debt of £27.6M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are £598.6M and £32.9M respectively.
Key information
4.9%
Debt to equity ratio
UK£27.62m
Debt
Interest coverage ratio | 110.7x |
Cash | n/a |
Equity | UK£565.71m |
Total liabilities | UK£32.88m |
Total assets | UK£598.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRGE's short term assets (£3.9M) do not cover its short term liabilities (£32.9M).
Long Term Liabilities: BRGE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BRGE's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: BRGE's debt to equity ratio has increased from 1.7% to 4.9% over the past 5 years.
Debt Coverage: BRGE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BRGE's interest payments on its debt are well covered by EBIT (110.7x coverage).