Invesco Asia Trust Balance Sheet Health
Financial Health criteria checks 3/6
Invesco Asia Trust has a total shareholder equity of £230.6M and total debt of £3.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are £235.0M and £4.4M respectively. Invesco Asia Trust's EBIT is £22.6M making its interest coverage ratio 39.1. It has cash and short-term investments of £863.0K.
Key information
1.3%
Debt to equity ratio
UK£3.09m
Debt
Interest coverage ratio | 39.1x |
Cash | UK£863.00k |
Equity | UK£230.57m |
Total liabilities | UK£4.41m |
Total assets | UK£234.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IAT's short term assets (£1.2M) do not cover its short term liabilities (£3.7M).
Long Term Liabilities: IAT's short term assets (£1.2M) exceed its long term liabilities (£722.0K).
Debt to Equity History and Analysis
Debt Level: IAT's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: IAT's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: Insufficient data to determine if IAT's debt is well covered by operating cash flow.
Interest Coverage: IAT's interest payments on its debt are well covered by EBIT (39.1x coverage).