Octopus Renewables Infrastructure Trust Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Renewables Infrastructure Trust has a total shareholder equity of £592.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £594.6M and £1.8M respectively. Octopus Renewables Infrastructure Trust's EBIT is £18.2M making its interest coverage ratio -75. It has cash and short-term investments of £11.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -75x |
| Cash | UK£11.82m |
| Equity | UK£592.79m |
| Total liabilities | UK£1.84m |
| Total assets | UK£594.63m |
Recent financial health updates
No updates
Recent updates
Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08
Octopus Renewables Infrastructure Trust (LON:ORIT) Has Affirmed Its Dividend Of £0.015
May 10Octopus Renewables Infrastructure Trust (LON:ORIT) Has Announced A Dividend Of £0.0145
Feb 01Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 09Octopus Renewables Infrastructure Trust's (LON:ORIT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Octopus Renewables Infrastructure Trust's (LON:ORIT) Dividend Will Be £0.0131
Feb 03Octopus Renewables Infrastructure Trust (LON:ORIT) Will Pay A Dividend Of £0.0131
Aug 01Financial Position Analysis
Short Term Liabilities: ORIT's short term assets (£12.0M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: ORIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ORIT is debt free.
Reducing Debt: ORIT has not had any debt for past 5 years.
Debt Coverage: ORIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ORIT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Octopus Renewables Infrastructure Trust plc is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Conor Finn | Barclays |
| Joe Brent | Panmure Liberum |
| Alex O’Hanlon | Panmure Liberum |