CT UK Capital And Income Investment Trust Balance Sheet Health
Financial Health criteria checks 4/6
CT UK Capital And Income Investment Trust has a total shareholder equity of £314.7M and total debt of £25.0M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are £341.3M and £26.6M respectively. CT UK Capital And Income Investment Trust's EBIT is £39.7M making its interest coverage ratio 30. It has cash and short-term investments of £2.4M.
Key information
7.9%
Debt to equity ratio
UK£25.00m
Debt
Interest coverage ratio | 30x |
Cash | UK£2.38m |
Equity | UK£314.75m |
Total liabilities | UK£26.58m |
Total assets | UK£341.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTUK's short term assets (£5.2M) do not cover its short term liabilities (£26.6M).
Long Term Liabilities: CTUK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CTUK's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: CTUK's debt to equity ratio has increased from 6.1% to 7.9% over the past 5 years.
Debt Coverage: CTUK's debt is well covered by operating cash flow (49.6%).
Interest Coverage: CTUK's interest payments on its debt are well covered by EBIT (30x coverage).