Balanced Commercial Property Trust Balance Sheet Health
Financial Health criteria checks 3/6
Balanced Commercial Property Trust has a total shareholder equity of £770.0M and total debt of £286.5M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are £1.1B and £306.3M respectively. Balanced Commercial Property Trust's EBIT is £46.0M making its interest coverage ratio 4.4. It has cash and short-term investments of £41.7M.
Key information
37.2%
Debt to equity ratio
UK£286.47m
Debt
Interest coverage ratio | 4.4x |
Cash | UK£41.72m |
Equity | UK£770.04m |
Total liabilities | UK£306.31m |
Total assets | UK£1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BCPTL's short term assets (£125.0M) do not cover its short term liabilities (£276.8M).
Long Term Liabilities: BCPTL's short term assets (£125.0M) exceed its long term liabilities (£29.6M).
Debt to Equity History and Analysis
Debt Level: BCPTL's net debt to equity ratio (31.8%) is considered satisfactory.
Reducing Debt: BCPTL's debt to equity ratio has increased from 27.6% to 37.2% over the past 5 years.
Debt Coverage: BCPTL's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: BCPTL's interest payments on its debt are well covered by EBIT (4.4x coverage).