Ecofin Global Utilities and Infrastructure Trust Balance Sheet Health
Financial Health criteria checks 4/6
Ecofin Global Utilities and Infrastructure Trust has a total shareholder equity of £212.0M and total debt of £20.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are £235.9M and £24.0M respectively.
Key information
9.4%
Debt to equity ratio
UK£20.00m
Debt
Interest coverage ratio | n/a |
Cash | n/a |
Equity | UK£211.98m |
Total liabilities | UK£23.97m |
Total assets | UK£235.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGL's short term assets (£8.4M) do not cover its short term liabilities (£24.0M).
Long Term Liabilities: EGL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EGL's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: EGL's debt to equity ratio has reduced from 13.3% to 9.4% over the past 5 years.
Debt Coverage: EGL's debt is well covered by operating cash flow (28%).
Interest Coverage: Insufficient data to determine if EGL's interest payments on its debt are well covered by EBIT.