BSA Balance Sheet Health
Financial Health criteria checks 2/6
BSA has a total shareholder equity of A$1.6M and total debt of A$8.0M, which brings its debt-to-equity ratio to 499.4%. Its total assets and total liabilities are A$59.3M and A$57.7M respectively. BSA's EBIT is A$20.5M making its interest coverage ratio 14.6. It has cash and short-term investments of A$1.6M.
Key information
499.4%
Debt to equity ratio
AU$8.00m
Debt
| Interest coverage ratio | 14.6x |
| Cash | AU$1.57m |
| Equity | AU$1.60m |
| Total liabilities | AU$57.68m |
| Total assets | AU$59.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSA's short term assets (A$38.4M) do not cover its short term liabilities (A$52.5M).
Long Term Liabilities: BSA's short term assets (A$38.4M) exceed its long term liabilities (A$5.2M).
Debt to Equity History and Analysis
Debt Level: BSA's net debt to equity ratio (401.6%) is considered high.
Reducing Debt: BSA's debt to equity ratio has increased from 4.9% to 499.4% over the past 5 years.
Debt Coverage: BSA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BSA's interest payments on its debt are well covered by EBIT (14.6x coverage).