MIGO Opportunities Trust Balance Sheet Health
Financial Health criteria checks 6/6
MIGO Opportunities Trust has a total shareholder equity of £74.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £74.2M and £260.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK £7.00m |
| Equity | UK£73.96m |
| Total liabilities | UK£260.00k |
| Total assets | UK£74.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIGO's short term assets (£7.1M) exceed its short term liabilities (£260.0K).
Long Term Liabilities: MIGO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIGO is debt free.
Reducing Debt: MIGO has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.
Debt Coverage: MIGO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIGO has no debt, therefore coverage of interest payments is not a concern.