North Atlantic Smaller Companies Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
North Atlantic Smaller Companies Investment Trust has a total shareholder equity of £666.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £669.2M and £2.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£27.70m |
Equity | UK£666.83m |
Total liabilities | UK£2.35m |
Total assets | UK£669.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAS's short term assets (£34.0M) exceed its short term liabilities (£2.3M).
Long Term Liabilities: NAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAS is debt free.
Reducing Debt: NAS had no debt 5 years ago.
Debt Coverage: NAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAS has no debt, therefore coverage of interest payments is not a concern.