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Secured Income Fund Balance Sheet Health
Financial Health criteria checks 6/6
Secured Income Fund has a total shareholder equity of £9.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.8M and £145.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£3.04m |
Equity | UK£9.69m |
Total liabilities | UK£145.00k |
Total assets | UK£9.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSIF's short term assets (£6.7M) exceed its short term liabilities (£145.0K).
Long Term Liabilities: SSIF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SSIF is debt free.
Reducing Debt: SSIF has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
Debt Coverage: SSIF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SSIF has no debt, therefore coverage of interest payments is not a concern.