Brunner Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
Brunner Investment Trust has a total shareholder equity of £528.2M and total debt of £35.4M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are £564.9M and £36.7M respectively. Brunner Investment Trust's EBIT is £43.4M making its interest coverage ratio 33.2. It has cash and short-term investments of £9.9M.
Key information
6.7%
Debt to equity ratio
UK£35.36m
Debt
Interest coverage ratio | 33.2x |
Cash | UK£9.86m |
Equity | UK£528.21m |
Total liabilities | UK£36.69m |
Total assets | UK£564.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BUT's short term assets (£11.5M) do not cover its short term liabilities (£11.6M).
Long Term Liabilities: BUT's short term assets (£11.5M) do not cover its long term liabilities (£25.1M).
Debt to Equity History and Analysis
Debt Level: BUT's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: BUT's debt to equity ratio has reduced from 9.2% to 6.7% over the past 5 years.
Debt Coverage: BUT's debt is well covered by operating cash flow (36.5%).
Interest Coverage: BUT's interest payments on its debt are well covered by EBIT (33.2x coverage).