Picton Property Income Balance Sheet Health
Financial Health criteria checks 3/6
Picton Property Income has a total shareholder equity of £524.5M and total debt of £226.1M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are £773.9M and £249.4M respectively. Picton Property Income's EBIT is £31.3M making its interest coverage ratio 3.5. It has cash and short-term investments of £19.8M.
Key information
43.1%
Debt to equity ratio
UK£226.13m
Debt
| Interest coverage ratio | 3.5x |
| Cash | UK£19.77m |
| Equity | UK£524.48m |
| Total liabilities | UK£249.44m |
| Total assets | UK£773.92m |
Recent financial health updates
No updates
Recent updates
Picton Property Income Limited's (LON:PCTN) CEO Might Not Expect Shareholders To Be So Generous This Year
Jul 23
Shareholders Of Picton Property Income (LON:PCTN) Must Be Happy With Their 57% Return
Feb 22Does Picton Property Income's (LON:PCTN) CEO Salary Compare Well With Industry Peers?
Jan 25
What Type Of Shareholders Make Up Picton Property Income Limited's (LON:PCTN) Share Registry?
Dec 28Picton Property Income's (LON:PCTN) Stock Price Has Reduced 18% In The Past Year
Nov 23Financial Position Analysis
Short Term Liabilities: PCTN's short term assets (£82.1M) exceed its short term liabilities (£21.9M).
Long Term Liabilities: PCTN's short term assets (£82.1M) do not cover its long term liabilities (£227.5M).
Debt to Equity History and Analysis
Debt Level: PCTN's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: PCTN's debt to equity ratio has increased from 38.4% to 43.1% over the past 5 years.
Debt Coverage: PCTN's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: PCTN's interest payments on its debt are well covered by EBIT (3.5x coverage).