Asia Dragon Trust Balance Sheet Health
Financial Health criteria checks 2/6
Asia Dragon Trust has a total shareholder equity of £678.8M and total debt of £59.5M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are £749.4M and £70.6M respectively.
Key information
8.8%
Debt to equity ratio
UK£59.52m
Debt
Interest coverage ratio | n/a |
Cash | UK£7.76m |
Equity | UK£678.83m |
Total liabilities | UK£70.58m |
Total assets | UK£749.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGN's short term assets (£12.5M) do not cover its short term liabilities (£66.7M).
Long Term Liabilities: DGN's short term assets (£12.5M) exceed its long term liabilities (£3.9M).
Debt to Equity History and Analysis
Debt Level: DGN's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: DGN's debt to equity ratio has increased from 4.8% to 8.8% over the past 5 years.
Debt Coverage: DGN's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if DGN's interest payments on its debt are well covered by EBIT.