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 -144.7. It has cash and short-term investments of £11.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -144.7x |
| 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.