BlackRock Latin American Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
BlackRock Latin American Investment Trust has a total shareholder equity of $189.7M and total debt of $2.7M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $193.3M and $3.6M respectively. BlackRock Latin American Investment Trust's EBIT is $54.6M making its interest coverage ratio 155.5. It has cash and short-term investments of $274.0K.
Key information
1.4%
Debt to equity ratio
US$2.68m
Debt
Interest coverage ratio | 155.5x |
Cash | US$274.00k |
Equity | US$189.72m |
Total liabilities | US$3.57m |
Total assets | US$193.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRLA's short term assets ($2.4M) do not cover its short term liabilities ($3.5M).
Long Term Liabilities: BRLA's short term assets ($2.4M) exceed its long term liabilities ($24.0K).
Debt to Equity History and Analysis
Debt Level: BRLA's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: BRLA's debt to equity ratio has reduced from 10% to 1.4% over the past 5 years.
Debt Coverage: BRLA's debt is well covered by operating cash flow (757.4%).
Interest Coverage: BRLA's interest payments on its debt are well covered by EBIT (155.5x coverage).