BlackRock World Mining Trust Balance Sheet Health
Financial Health criteria checks 4/6
BlackRock World Mining Trust has a total shareholder equity of £1.2B and total debt of £149.8M, which brings its debt-to-equity ratio to 12.9%. Its total assets and total liabilities are £1.3B and £160.1M respectively.
Key information
12.9%
Debt to equity ratio
UK£149.83m
Debt
Interest coverage ratio | n/a |
Cash | UK£10.61m |
Equity | UK£1.16b |
Total liabilities | UK£160.12m |
Total assets | UK£1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRWM's short term assets (£21.7M) do not cover its short term liabilities (£159.6M).
Long Term Liabilities: BRWM's short term assets (£21.7M) exceed its long term liabilities (£485.0K).
Debt to Equity History and Analysis
Debt Level: BRWM's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: BRWM's debt to equity ratio has reduced from 16.7% to 12.9% over the past 5 years.
Debt Coverage: BRWM's debt is well covered by operating cash flow (34%).
Interest Coverage: Insufficient data to determine if BRWM's interest payments on its debt are well covered by EBIT.