Barings Participation Investors Balance Sheet Health
Financial Health criteria checks 4/6
Barings Participation Investors has a total shareholder equity of $163.4M and total debt of $21.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are $190.5M and $27.1M respectively. Barings Participation Investors's EBIT is $17.6M making its interest coverage ratio 14.1. It has cash and short-term investments of $6.5M.
Key information
13.2%
Debt to equity ratio
US$21.57m
Debt
Interest coverage ratio | 14.1x |
Cash | US$6.49m |
Equity | US$163.37m |
Total liabilities | US$27.11m |
Total assets | US$190.48m |
Recent financial health updates
No updates
Recent updates
MPV: A Winner Will Continue To Perform (Rating Upgrade)
Dec 15MPV: MVP Of Middle Market Credit Funds
Dec 20Barings Participation Investors raises dividend by 10% to $0.22/share
Oct 03MPV: Well-Run Middle Market Loans CEF
Aug 26Barings Participation Investors declares $0.20 dividend
Aug 18Barings Participation Investors cuts dividend by ~26%
Dec 15Financial Position Analysis
Short Term Liabilities: MPV's short term assets ($9.7M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: MPV's short term assets ($9.7M) do not cover its long term liabilities ($21.9M).
Debt to Equity History and Analysis
Debt Level: MPV's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: MPV's debt to equity ratio has increased from 10.8% to 13.2% over the past 5 years.
Debt Coverage: MPV's debt is well covered by operating cash flow (73.5%).
Interest Coverage: MPV's interest payments on its debt are well covered by EBIT (14.1x coverage).