abrdn Property Income Trust Balance Sheet Health
Financial Health criteria checks 1/6
abrdn Property Income Trust has a total shareholder equity of £298.1M and total debt of £141.3M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are £456.1M and £158.0M respectively. abrdn Property Income Trust's EBIT is £20.1M making its interest coverage ratio 2.6. It has cash and short-term investments of £7.5M.
Key information
47.4%
Debt to equity ratio
UK£141.25m
Debt
Interest coverage ratio | 2.5x |
Cash | UK£7.50m |
Equity | UK£298.08m |
Total liabilities | UK£157.98m |
Total assets | UK£456.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: API's short term assets (£48.7M) exceed its short term liabilities (£14.0M).
Long Term Liabilities: API's short term assets (£48.7M) do not cover its long term liabilities (£144.0M).
Debt to Equity History and Analysis
Debt Level: API's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: API's debt to equity ratio has increased from 35.2% to 47.4% over the past 5 years.
Debt Coverage: API's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: API's interest payments on its debt are not well covered by EBIT (2.6x coverage).