abrdn European Logistics Income plc

BATS-CHIXE:ASLIL Stock Report

Market Cap: UK£243.2m

abrdn European Logistics Income Balance Sheet Health

Financial Health criteria checks 2/6

abrdn European Logistics Income has a total shareholder equity of €368.2M and total debt of €248.5M, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are €667.4M and €299.2M respectively. abrdn European Logistics Income's EBIT is €20.8M making its interest coverage ratio 2.3. It has cash and short-term investments of €26.6M.

Key information

67.5%

Debt to equity ratio

€248.46m

Debt

Interest coverage ratio2.3x
Cash€26.62m
Equity€368.22m
Total liabilities€299.18m
Total assets€667.41m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ASLIL's short term assets (€48.3M) do not cover its short term liabilities (€73.1M).

Long Term Liabilities: ASLIL's short term assets (€48.3M) do not cover its long term liabilities (€226.1M).


Debt to Equity History and Analysis

Debt Level: ASLIL's net debt to equity ratio (60.2%) is considered high.

Reducing Debt: ASLIL's debt to equity ratio has increased from 45.6% to 67.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ASLIL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ASLIL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.6% per year.


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