Utilico Emerging Markets Trust Balance Sheet Health
Financial Health criteria checks 5/6
Utilico Emerging Markets Trust has a total shareholder equity of £517.3M and total debt of £11.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are £536.3M and £19.0M respectively. Utilico Emerging Markets Trust's EBIT is £54.3M making its interest coverage ratio 38.2. It has cash and short-term investments of £774.0K.
Key information
2.3%
Debt to equity ratio
UK£11.84m
Debt
Interest coverage ratio | 38.2x |
Cash | UK£774.00k |
Equity | UK£517.32m |
Total liabilities | UK£18.98m |
Total assets | UK£536.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UEM's short term assets (£3.2M) do not cover its short term liabilities (£17.0M).
Long Term Liabilities: UEM's short term assets (£3.2M) exceed its long term liabilities (£1.9M).
Debt to Equity History and Analysis
Debt Level: UEM's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: UEM's debt to equity ratio has reduced from 78.8% to 2.3% over the past 5 years.
Debt Coverage: UEM's debt is well covered by operating cash flow (89.6%).
Interest Coverage: UEM's interest payments on its debt are well covered by EBIT (38.2x coverage).