Utilico Emerging Markets Trust Balance Sheet Health
Financial Health criteria checks 3/6
Utilico Emerging Markets Trust has a total shareholder equity of £501.6M and total debt of £20.2M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are £531.7M and £30.0M respectively. Utilico Emerging Markets Trust's EBIT is £1.7M making its interest coverage ratio 3.6. It has cash and short-term investments of £907.0K.
Key information
4.0%
Debt to equity ratio
UK£20.19m
Debt
Interest coverage ratio | 3.6x |
Cash | UK£907.00k |
Equity | UK£501.63m |
Total liabilities | UK£30.03m |
Total assets | UK£531.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UEMT.F's short term assets (£3.3M) do not cover its short term liabilities (£8.0M).
Long Term Liabilities: UEMT.F's short term assets (£3.3M) do not cover its long term liabilities (£22.0M).
Debt to Equity History and Analysis
Debt Level: UEMT.F's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: UEMT.F's debt to equity ratio has increased from 3.6% to 4% over the past 5 years.
Debt Coverage: UEMT.F's debt is well covered by operating cash flow (70.4%).
Interest Coverage: UEMT.F's interest payments on its debt are well covered by EBIT (3.6x coverage).