STS Global Income & Growth Trust Balance Sheet Health
Financial Health criteria checks 5/6
STS Global Income & Growth Trust has a total shareholder equity of £206.7M and total debt of £15.9M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are £223.3M and £16.7M respectively. STS Global Income & Growth Trust's EBIT is £3.5M making its interest coverage ratio 7.2. It has cash and short-term investments of £2.2M.
Key information
7.7%
Debt to equity ratio
UK£15.86m
Debt
Interest coverage ratio | 7.2x |
Cash | UK£2.21m |
Equity | UK£206.66m |
Total liabilities | UK£16.66m |
Total assets | UK£223.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STS's short term assets (£3.5M) do not cover its short term liabilities (£16.7M).
Long Term Liabilities: STS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: STS's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: STS's debt to equity ratio has reduced from 12.7% to 7.7% over the past 5 years.
Debt Coverage: STS's debt is well covered by operating cash flow (113%).
Interest Coverage: STS's interest payments on its debt are well covered by EBIT (7.2x coverage).