Merchants Trust Balance Sheet Health
Financial Health criteria checks 2/6
Merchants Trust has a total shareholder equity of £787.5M and total debt of £109.3M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are £899.5M and £112.0M respectively.
Key information
13.9%
Debt to equity ratio
UK£109.25m
Debt
Interest coverage ratio | n/a |
Cash | UK£22.89m |
Equity | UK£787.52m |
Total liabilities | UK£111.96m |
Total assets | UK£899.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRCH's short term assets (£24.8M) do not cover its short term liabilities (£45.1M).
Long Term Liabilities: MRCH's short term assets (£24.8M) do not cover its long term liabilities (£66.9M).
Debt to Equity History and Analysis
Debt Level: MRCH's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: MRCH's debt to equity ratio has reduced from 20.6% to 13.9% over the past 5 years.
Debt Coverage: MRCH's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: Insufficient data to determine if MRCH's interest payments on its debt are well covered by EBIT.