John Hancock Income Securities Trust Balance Sheet Health
Financial Health criteria checks 1/6
John Hancock Income Securities Trust has a total shareholder equity of $127.6M and total debt of $91.3M, which brings its debt-to-equity ratio to 71.5%. Its total assets and total liabilities are $230.9M and $103.3M respectively. John Hancock Income Securities Trust's EBIT is $9.4M making its interest coverage ratio 1.8. It has cash and short-term investments of $36.6K.
Key information
71.5%
Debt to equity ratio
US$91.30m
Debt
Interest coverage ratio | 1.8x |
Cash | US$36.56k |
Equity | US$127.63m |
Total liabilities | US$103.27m |
Total assets | US$230.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: JHS's short term assets ($16.9M) do not cover its short term liabilities ($103.2M).
Long Term Liabilities: JHS's short term assets ($16.9M) exceed its long term liabilities ($97.0K).
Debt to Equity History and Analysis
Debt Level: JHS's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: JHS's debt to equity ratio has increased from 55.1% to 71.5% over the past 5 years.
Debt Coverage: JHS's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: JHS's interest payments on its debt are not well covered by EBIT (1.8x coverage).