New Star Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
New Star Investment Trust has a total shareholder equity of £128.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £132.0M and £3.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£18.91m |
Equity | UK£128.62m |
Total liabilities | UK£3.33m |
Total assets | UK£131.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NSI's short term assets (£19.2M) exceed its short term liabilities (£3.3M).
Long Term Liabilities: NSI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NSI is debt free.
Reducing Debt: NSI has not had any debt for past 5 years.
Debt Coverage: NSI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NSI has no debt, therefore coverage of interest payments is not a concern.