abrdn European Logistics Income Balance Sheet Health
Financial Health criteria checks 1/6
abrdn European Logistics Income has a total shareholder equity of €384.9M and total debt of €256.5M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are €693.9M and €309.0M respectively. abrdn European Logistics Income's EBIT is €22.7M making its interest coverage ratio 3. It has cash and short-term investments of €19.8M.
Key information
66.6%
Debt to equity ratio
€256.52m
Debt
Interest coverage ratio | 3x |
Cash | €19.75m |
Equity | €384.93m |
Total liabilities | €308.96m |
Total assets | €693.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASLIL's short term assets (€52.8M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: ASLIL's short term assets (€52.8M) do not cover its long term liabilities (€292.0M).
Debt to Equity History and Analysis
Debt Level: ASLIL's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: ASLIL's debt to equity ratio has increased from 0% to 66.6% over the past 5 years.
Debt Coverage: ASLIL's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: ASLIL's interest payments on its debt are not well covered by EBIT (3x coverage).