North Atlantic Smaller Companies Investment Trust PLC
LSE:NAS Stock Report
Market Cap: UK£523.2m
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 £737.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £737.9M and £595.0K respectively. North Atlantic Smaller Companies Investment Trust's EBIT is £88.9M making its interest coverage ratio 14821.8. It has cash and short-term investments of £28.1M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio
14821.8x
Cash
UK£28.15m
Equity
UK£737.33m
Total liabilities
UK£595.00k
Total assets
UK£737.92m
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAS's short term assets (£37.4M) exceed its short term liabilities (£595.0K).
Long Term Liabilities: NAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NAS is debt free.
Reducing Debt: NAS has not had any debt for past 5 years.
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.