Scottish Mortgage Investment Trust Balance Sheet Health
Financial Health criteria checks 1/6
Scottish Mortgage Investment Trust has a total shareholder equity of £11.1B and total debt of £1.7B, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are £12.8B and £1.7B respectively.
Key information
15.4%
Debt to equity ratio
UK£1.70b
Debt
| Interest coverage ratio | n/a |
| Cash | UK£31.40m |
| Equity | UK£11.07b |
| Total liabilities | UK£1.73b |
| Total assets | UK£12.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMT's short term assets (£41.8M) do not cover its short term liabilities (£266.1M).
Long Term Liabilities: SMT's short term assets (£41.8M) do not cover its long term liabilities (£1.5B).
Debt to Equity History and Analysis
Debt Level: SMT's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: SMT's debt to equity ratio has increased from 9.2% to 15.4% over the past 5 years.
Debt Coverage: SMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SMT's interest payments on its debt are well covered by EBIT.