Schroder Income Growth Fund Balance Sheet Health
Financial Health criteria checks 3/6
Schroder Income Growth Fund has a total shareholder equity of £203.9M and total debt of £29.5M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are £233.8M and £29.9M respectively. Schroder Income Growth Fund's EBIT is £9.4M making its interest coverage ratio 6.9. It has cash and short-term investments of £1.6M.
Key information
14.5%
Debt to equity ratio
UK£29.50m
Debt
| Interest coverage ratio | 6.9x |
| Cash | UK£1.56m |
| Equity | UK£203.93m |
| Total liabilities | UK£29.90m |
| Total assets | UK£233.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCF's short term assets (£4.1M) do not cover its short term liabilities (£29.9M).
Long Term Liabilities: SCF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCF's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: SCF's debt to equity ratio has increased from 9.2% to 14.5% over the past 5 years.
Debt Coverage: Insufficient data to determine if SCF's debt is well covered by operating cash flow.
Interest Coverage: SCF's interest payments on its debt are well covered by EBIT (6.9x coverage).