BlackRock Smaller Companies Trust Balance Sheet Health
Financial Health criteria checks 1/6
BlackRock Smaller Companies Trust has a total shareholder equity of £683.6M and total debt of £69.5M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are £756.7M and £73.1M respectively.
Key information
10.2%
Debt to equity ratio
UK£69.52m
Debt
Interest coverage ratio | n/a |
Cash | UK£644.00k |
Equity | UK£683.57m |
Total liabilities | UK£73.10m |
Total assets | UK£756.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRSC's short term assets (£2.9M) do not cover its short term liabilities (£3.6M).
Long Term Liabilities: BRSC's short term assets (£2.9M) do not cover its long term liabilities (£69.5M).
Debt to Equity History and Analysis
Debt Level: BRSC's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: BRSC's debt to equity ratio has increased from 9.6% to 10.2% over the past 5 years.
Debt Coverage: BRSC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BRSC's interest payments on its debt are well covered by EBIT.