Financial Ratios Scottish Mortgage Investment Trust Plc

Stocks

SMT

GB00BLDYK618

Investment Trusts

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Published financial data: SCOTTISH MORTGAGE INVESTMENT TRUST PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Gain (Loss) on Sale of Investment, Total (Rev)	-242.1Cr	-279.03Cr	140.57Cr	127.31Cr	315.19Cr
Interest And Invest. Income (Rev)	2.33Cr	4.9Cr	4Cr	3.29Cr	3.31Cr
Total Revenues	-239.78Cr	-274.12Cr	144.57Cr	130.6Cr	318.5Cr
Gross Profit	-239.78Cr	-274.12Cr	144.57Cr	130.6Cr	318.5Cr
Selling General & Admin Expenses, Total	5.85Cr	4.18Cr	4.12Cr	4.09Cr	4.49Cr
Other Operating Expenses, Total	5.85Cr	4.18Cr	4.12Cr	4.09Cr	4.49Cr
Operating Income	-245.62Cr	-278.3Cr	140.45Cr	126.51Cr	314.01Cr
Interest Expense, Total	-4.47Cr	-6.66Cr	-5.5Cr	-5.57Cr	-5.27Cr
Net Interest Expenses	-4.47Cr	-6.66Cr	-5.5Cr	-5.57Cr	-5.27Cr
Currency Exchange Gains (Loss)	-4.16Cr	-6.87Cr	2.22Cr	2.27Cr	1.69Cr
EBT, Excl. Unusual Items	-254.24Cr	-291.84Cr	137.17Cr	123.21Cr	310.43Cr
Other Unusual Items	-	-	-	-87.75L	-
EBT, Incl. Unusual Items	-254.24Cr	-291.84Cr	137.17Cr	122.33Cr	310.43Cr
Income Tax Expense	19.11L	37.44L	57.57L	55.54L	26.98L
Earnings From Continuing Operations	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
Net Income to Company	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
Net Income - (IS)	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
Net Income to Common Incl Extra Items	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
Net Income to Common Excl. Extra Items	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
Per Share Items
Net EPS - Basic	-1.78	-2.05	0.97	0.95	2.75
Basic EPS - Continuing Operations	-1.78	-2.05	0.97	0.95	2.75
Basic Weighted Average Shares Outstanding	142.69Cr	142.82Cr	140.42Cr	128.77Cr	112.66Cr
Net EPS - Diluted	-1.78	-2.05	0.97	0.95	2.75
Diluted EPS - Continuing Operations	-1.78	-2.05	0.97	0.95	2.75
Diluted Weighted Average Shares Outstanding	142.69Cr	142.82Cr	140.42Cr	128.77Cr	112.66Cr
Normalized Basic EPS	-1.11	-1.28	0.61	0.6	1.72
Normalized Diluted EPS	-1.11	-1.28	0.61	0.6	1.72
Dividend Per Share	0.04	0.04	0.04	0.04	0.05
Payout Ratio	-1.96	-1.8	4.22	4.54	1.62
Supplemental Items
EBITA	-245.62Cr	-278.3Cr	140.45Cr	126.51Cr	314.01Cr
EBIT	-245.62Cr	-278.3Cr	140.45Cr	126.51Cr	314.01Cr
Effective Tax Rate - (Ratio)	-0.08	-0.13	0.42	0.45	0.09
Current Foreign Taxes	-1L	18.03L	17.23L	23.77L	27L
Total Current Taxes	-1L	18.03L	17.23L	23.77L	27L
Deferred Foreign Taxes	-	-	40.34L	-	-
Total Deferred Taxes	-12.87L	19.41L	40.34L	-	-
Normalized Net Income	-158.9Cr	-182.4Cr	86Cr	77Cr	194.02Cr
Interest on Long-Term Debt	2.86Cr	3.76Cr	3.25Cr	3.27Cr	5.86Cr
Supplemental Operating Expense Items
Marketing Expenses	-	-	10.95L	12.67L	12.28L
Selling and Marketing Expenses	-	-	10.95L	12.67L	12.28L
General and Administrative Expenses	5.85Cr	4.18Cr	4.01Cr	3.96Cr	4.37Cr

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	23Cr	18Cr	12Cr	90.13L	1.1Cr
Total Cash And Short Term Investments	23Cr	18Cr	12Cr	90.13L	1.1Cr
Accounts Receivable, Total	98.25L	1.09Cr	27Cr	6.87Cr	4.29Cr
Other Receivables	11.75L	11.69L	5L	8L	10.37L
Total Receivables	1.1Cr	1.2Cr	27Cr	6.95Cr	4.4Cr
Other Current Assets, Total	21.42L	-	-	-	-
Total Current Assets	24Cr	20Cr	39Cr	7.85Cr	5.5Cr
Long-term Investments	1.67TCr	1.31TCr	1.41TCr	1.37TCr	1.54TCr
Total Assets	1.69TCr	1.33TCr	1.45TCr	1.37TCr	1.55TCr
Liabilities
Accrued Expenses, Total	1.11Cr	88.28L	94.26L	90.66L	1.01Cr
Current Portion of Long-Term Debt	50Cr	38Cr	21Cr	44Cr	62Cr
Other Current Liabilities	1.28Cr	1.32Cr	22Cr	2.89Cr	2.6Cr
Total Current Liabilities	53Cr	40Cr	44Cr	48Cr	65Cr
Long-Term Debt	162.96Cr	144.72Cr	143.07Cr	118.23Cr	99Cr
Deferred Tax Liability Non Current	11.72L	32.25L	72.59L	-	-
Total Liabilities	215.66Cr	184.86Cr	187.89Cr	166.18Cr	164.23Cr
Common Stock, Total	7.42Cr	7.42Cr	7.42Cr	7.42Cr	7.42Cr
Additional Paid In Capital	93Cr	93Cr	93Cr	93Cr	93Cr
Retained Earnings	657.73Cr	335.4Cr	437.5Cr	320.6Cr	522.66Cr
Comprehensive Income and Other	717.61Cr	714.14Cr	725.22Cr	787.38Cr	759.29Cr
Total Common Equity	1.48TCr	1.15TCr	1.26TCr	1.21TCr	1.38TCr
Total Equity	1.48TCr	1.15TCr	1.26TCr	1.21TCr	1.38TCr
Total Liabilities And Equity	1.69TCr	1.33TCr	1.45TCr	1.37TCr	1.55TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	144.41Cr	140.76Cr	133.99Cr	117.64Cr	110.29Cr
ECS Total Common Shares Outstanding	144.41Cr	140.76Cr	138.59Cr	120.11Cr	107.82Cr
Book Value / Share	10.22	8.17	9.11	10.06	12.82
Tangible Book Value	1.48TCr	1.15TCr	1.26TCr	1.21TCr	1.38TCr
Tangible Book Value Per Share	10.22	8.17	9.11	10.06	12.82
Total Debt	213.16Cr	182.33Cr	164.45Cr	162.39Cr	160.62Cr
Net Debt	190.16Cr	163.83Cr	152.07Cr	161.49Cr	159.52Cr
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	-254.43Cr	-292.21Cr	136.6Cr	121.78Cr	310.16Cr
(Gain) Loss on Sale of Investments - (CF)	242.1Cr	279.03Cr	-140.57Cr	-127.31Cr	-315.19Cr
Other Operating Activities, Total	4.15Cr	7.09Cr	-1.84Cr	-3.08Cr	-1.74Cr
Change In Accounts Receivable	-40.54L	-24.49L	-43.44L	36.63L	-10L
Cash from Operations	-8.59Cr	-6.35Cr	-6.24Cr	-8.25Cr	-6.87Cr
Investment in Marketable and Equity Securities, Total	-103.46Cr	73Cr	34Cr	176.82Cr	144.96Cr
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-103.46Cr	73Cr	34Cr	176.82Cr	144.96Cr
Short Term Debt Issued, Total	-	-	-	-	103.08Cr
Long-Term Debt Issued, Total	110.94Cr	159.1Cr	50Cr	84Cr	-
Total Debt Issued	110.94Cr	159.1Cr	50Cr	84Cr	103.08Cr
Short Term Debt Repaid, Total	-	-	-	-	-103.08Cr
Long-Term Debt Repaid, Total	-27Cr	-198.82Cr	-66Cr	-84Cr	-
Total Debt Repaid	-27Cr	-198.82Cr	-66Cr	-84Cr	-103.08Cr
Issuance of Common Stock	52Cr	-	-	-	-
Repurchase of Common Stock	-18Cr	-28Cr	-12Cr	-174.76Cr	-132.83Cr
Common Dividends Paid	-4.98Cr	-5.26Cr	-5.77Cr	-5.53Cr	-5.02Cr
Common & Preferred Stock Dividends Paid	-4.98Cr	-5.26Cr	-5.77Cr	-5.53Cr	-5.02Cr
Cash from Financing	112.91Cr	-73Cr	-33Cr	-180.29Cr	-137.85Cr
Foreign Exchange Rate Adjustments	92.59L	2.04Cr	-31.62L	24.85L	-3L
Net Change in Cash	1.78Cr	-4.5Cr	-6.12Cr	-11Cr	20.15L
Supplemental Items
Cash Interest Paid	4.15Cr	6.63Cr	5.52Cr	5.67Cr	5.33Cr
Levered Free Cash Flow	-157.79Cr	-178.17Cr	79Cr	76Cr	195.33Cr
Unlevered Free Cash Flow	-155Cr	-174.01Cr	83Cr	80Cr	198.63Cr
Change In Net Working Capital	1.49Cr	7L	4.93Cr	-76.48L	-2.37Cr
Net Debt Issued / Repaid	84Cr	-40Cr	-15Cr	0	0

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	-8.73	-11.5	6.3	5.6	13.44
Return on Total Capital	-8.74	-11.52	6.36	5.65	13.47
Return On Equity %	-16.03	-22.26	11.32	9.86	23.95
Return on Common Equity	-16.03	-22.26	11.32	9.86	23.95
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	-2.44	-1.53	2.85	3.13	1.41
EBITA Margin %	102.44	101.53	97.15	96.87	98.59
EBIT Margin %	102.44	101.53	97.15	96.87	98.59
Income From Continuing Operations Margin %	106.11	106.6	94.48	93.24	97.38
Net Income Margin %	106.11	106.6	94.48	93.24	97.38
Net Avail. For Common Margin %	106.11	106.6	94.48	93.24	97.38
Normalized Net Income Margin	66.27	66.54	59.3	58.96	60.92
Levered Free Cash Flow Margin	65.81	65	54.93	58.46	61.33
Unlevered Free Cash Flow Margin	64.64	63.48	57.31	61.13	62.36
Asset Turnover
Asset Turnover	-0.14	-0.18	0.1	0.09	0.22
Short Term Liquidity
Current Ratio	0.46	0.49	0.88	0.16	0.08
Quick Ratio	0.46	0.49	0.88	0.16	0.08
Operating Cash Flow to Current Liabilities	-0.16	-0.16	-0.14	-0.17	-0.1
Long Term Solvency
Total Debt/Equity	14.45	15.86	13.02	13.44	11.62
Total Debt / Total Capital	12.62	13.69	11.52	11.85	10.41
LT Debt/Equity	11.04	12.59	11.33	9.78	7.14
Long-Term Debt / Total Capital	9.65	10.86	10.02	8.63	6.4
Total Liabilities / Total Assets	12.75	13.85	12.95	12.09	10.62
EBIT / Interest Expense	-55.01	-41.78	25.55	22.72	59.59
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-125.83	14.32	-152.74	-9.66	143.88
Gross Profit, 1 Yr. Growth %	-125.83	14.32	-152.74	-9.66	143.88
EBITA, 1 Yr. Growth %	-126.6	13.31	-150.47	-9.93	148.21
EBIT, 1 Yr. Growth %	-126.6	13.31	-150.47	-9.93	148.21
Earnings From Cont. Operations, 1 Yr. Growth %	-127.61	14.85	-146.75	-10.85	154.7
Net Income, 1 Yr. Growth %	-127.61	14.85	-146.75	-10.85	154.7
Normalized Net Income, 1 Yr. Growth %	-127.58	14.79	-147	-10.18	151.96
Diluted EPS Before Extra, 1 Yr. Growth %	-128.18	14.74	-147.54	-2.78	191.11
Accounts Receivable, 1 Yr. Growth %	-51.41	10.62	2.35T	-74.16	-37.48
Total Assets, 1 Yr. Growth %	-7.46	-21.08	8.71	-5.27	12.52
Tangible Book Value, 1 Yr. Growth %	-13.15	-22.08	9.84	-4.33	14.4
Common Equity, 1 Yr. Growth %	-13.15	-22.08	9.84	-4.33	14.4
Cash From Operations, 1 Yr. Growth %	48.22	-26.11	-1.71	32.17	-16.66
Levered Free Cash Flow, 1 Yr. Growth %	-127.16	12.91	-144.58	-3.86	155.83
Unlevered Free Cash Flow, 1 Yr. Growth %	-126.59	12.26	-147.62	-3.65	148.8
Dividend Per Share, 1 Yr. Growth %	4.97	14.21	3.41	3.3	4.34
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	51.31	-45.66	-22.35	-30.98	48.43
Gross Profit, 2 Yr. CAGR %	51.31	-45.66	-22.35	-30.98	48.43
EBITA, 2 Yr. CAGR %	55.29	-45.1	-24.38	-32.58	49.53
EBIT, 2 Yr. CAGR %	55.29	-45.1	-24.38	-32.58	49.53
Earnings From Cont. Operations, 2 Yr. CAGR %	61.7	-43.68	-26.73	-35.44	50.69
Net Income, 2 Yr. CAGR %	61.7	-43.68	-26.73	-35.44	50.69
Normalized Net Income, 2 Yr. CAGR %	61.54	-43.73	-26.55	-35.02	50.44
Diluted EPS Before Extra, 2 Yr. CAGR %	64.24	-43.14	-26.14	-32.01	68.23
Accounts Receivable, 2 Yr. CAGR %	-54.84	-26.69	420.2	151.4	-59.81
Total Assets, 2 Yr. CAGR %	35.83	-14.54	-7.38	1.48	3.24
Tangible Book Value, 2 Yr. CAGR %	33.78	-17.73	-7.48	2.51	4.61
Common Equity, 2 Yr. CAGR %	33.78	-17.73	-7.48	2.51	4.61
Cash From Operations, 2 Yr. CAGR %	64.59	4.65	-14.78	13.98	4.95
Levered Free Cash Flow, 2 Yr. CAGR %	64.55	-44.63	-29.06	-34.54	56.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	60.42	-45.37	-26.89	-32.27	54.83
Dividend Per Share, 2 Yr. CAGR %	5.1	9.49	8.68	3.36	3.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	36.07	37.81	-46.2	-18.33	5.13
Gross Profit, 3 Yr. CAGR %	36.07	37.81	-46.2	-18.33	5.13
EBITA, 3 Yr. CAGR %	38.45	39.8	-46.62	-19.84	4.11
EBIT, 3 Yr. CAGR %	38.45	39.8	-46.62	-19.84	4.11
Earnings From Cont. Operations, 3 Yr. CAGR %	42.29	44.27	-47.07	-21.78	2.01
Net Income, 3 Yr. CAGR %	42.29	44.27	-47.07	-21.78	2.01
Normalized Net Income, 3 Yr. CAGR %	42.24	44.15	-47.01	-21.45	2.08
Diluted EPS Before Extra, 3 Yr. CAGR %	42.81	45.73	-46.43	-19.05	10.4
Accounts Receivable, 3 Yr. CAGR %	-29.18	-39.12	136.03	91.21	58.09
Total Assets, 3 Yr. CAGR %	27.49	13.34	-7.41	-6.68	5.03
Tangible Book Value, 3 Yr. CAGR %	25.7	11.72	-9.41	-6.45	6.33
Common Equity, 3 Yr. CAGR %	25.7	11.72	-9.41	-6.45	6.33
Cash From Operations, 3 Yr. CAGR %	54.58	26.03	2.49	-1.35	2.68
Levered Free Cash Flow, 3 Yr. CAGR %	41.81	45.14	-48.49	-21.49	3.11
Unlevered Free Cash Flow, 3 Yr. CAGR %	39.42	42.42	-47.81	-19.84	4.51
Dividend Per Share, 3 Yr. CAGR %	4.68	8.05	7.43	6.85	3.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.65	17.31	8.72	4.51	-19.26
Gross Profit, 5 Yr. CAGR %	11.65	17.31	8.72	4.51	-19.26
EBITA, 5 Yr. CAGR %	12.48	18.09	8.7	4.43	-19.4
EBIT, 5 Yr. CAGR %	12.48	18.09	8.7	4.43	-19.4
Earnings From Cont. Operations, 5 Yr. CAGR %	14.37	19.26	9.11	4.59	-19.57
Net Income, 5 Yr. CAGR %	14.37	19.26	9.11	4.59	-19.57
Normalized Net Income, 5 Yr. CAGR %	14.32	19.23	9.2	4.81	-19.56
Diluted EPS Before Extra, 5 Yr. CAGR %	12.63	18.65	9.7	7.43	-15.34
Accounts Receivable, 5 Yr. CAGR %	-8.4	69.49	57.25	7.35	16.26
Total Assets, 5 Yr. CAGR %	25.69	14.83	12.19	8.44	-3.29
Tangible Book Value, 5 Yr. CAGR %	24.8	13.19	11.19	7.94	-4.04
Common Equity, 5 Yr. CAGR %	24.8	13.19	11.19	7.94	-4.04
Cash From Operations, 5 Yr. CAGR %	51.82	45.5	21.82	21.06	3.46
Levered Free Cash Flow, 5 Yr. CAGR %	13.94	18.59	7.5	5.55	-19.59
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.2	17.61	7.69	5.8	-19.37
Dividend Per Share, 5 Yr. CAGR %	3.66	5.96	6.26	6.15	5.97