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Magellan Infrastructure Fund (Currency Hedged) (ASX: MICH) - Financials

Current share price for MICH : $3.130 0.02 (0.64%)+

Magellan Infrastructure Fund (Currency Hedged) (MICH) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. Magellan Infrastructure Fund (Currency Hedged) (MICH) is an Exchange Traded Fund. The Fund primarily invests in the securities of companies listed on stock exchanges around the world that generate the dominant part of their earnings from the ownership of infrastructure assets. The Fund's portfolio is anticipated to comprise 20 to 40 stocks at any one time but will also have some exposure to cash.

MICH Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2024 39 ¢ -0.6 ¢ 11.6 ¢ 0% $2.65 0 0% 0.2%
2023 6.2 ¢ -4.2 ¢ 11.6 ¢ 0% $2.76 0 0% -2.9%
2022 4.3 ¢ 18.2 ¢ 11.6 ¢ 0% $2.92 0 98.4% 6.9%

MICH Historical Financials

2024 2023 2022
Investment Income ($M) 29.4 29.6 27.9
Other Income ($M) -20.7 -29.5 39.5
Management Expense Ratio (%) 1.7 1.7 1.5
Net Profit Before Abs ($M) -1.4 -11.9 53.1
Net Profit After Abs ($M) -1.4 -11.9 53.1
Shareholders Equity ($M) 609.5 718.7 850.9
Return on Equity (%) -0.2 -1.7 6.2
Payout Ratio (%) -1,995 -275 64

MICH Cashflow

2024 2023 2022
Customer Receipts ($M) 221
Net Operating Cashflow ($M) 95.7 17.5 12.6
Net Investing Cashflow ($M) 86 -9
Net Financing Cashflow ($M) -109 -122 8

MICH Market & Earnings

2024 2023 2022
Market Cap ($M) 621 730.4 875.7
Net Gearing (%) -2 -3.6 -5.1
Net Interest Cover (%) 15.8 -1,769.5
Dividend Yield (%) 4.3 4.1 3.9
NTA Per Share ($) 2.65 2.76 2.92
EBT Before Abs ($M) -1.43 -11.88 53.11

MICH Balance Sheet

2024 2023 2022
Cash ($M)12.2 25.9 43.8
Current Investments ($M)
Receivables ($M)10.57 6.95 8
Other Current Assets ($M)5 1.05
Total Current Assets ($M)27.8 32.8 52.9
Non-Current Investments ($M)601.4 714.6 827.9
Property ($M)
Other Non-Current Assets ($M)
Total Non-Current Assets ($M)601.4 714.6 827.9
Total Assets ($M)629.2 747.4 880.8
Creditors ($M)1.18 0.95 0.83
Provisions ($M)13.1 15.2 16.7
Deferred Taxes ($M)
Other Current Liabilities ($M)0.39 12.64 12.4
Total Current Liabilities ($M)14.7 28.8 29.9
Borrowings ($M)
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M)
Total Liabilities ($M)14.7 28.8 29.9
Shareholders Equity ($M)609.5 718.7 850.9

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Data shown on this website is sourced by Morningstar
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