Brookside Energy Balance Sheet Health
Financial Health criteria checks 6/6
Brookside Energy has a total shareholder equity of A$89.9M and total debt of A$5.7M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are A$108.3M and A$18.4M respectively. Brookside Energy's EBIT is A$12.4M making its interest coverage ratio -12. It has cash and short-term investments of A$21.9M.
Key information
6.4%
Debt to equity ratio
AU$5.73m
Debt
| Interest coverage ratio | -12x |
| Cash | AU$21.90m |
| Equity | AU$89.88m |
| Total liabilities | AU$18.42m |
| Total assets | AU$108.30m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BRKDD's short term assets (A$24.3M) exceed its short term liabilities (A$14.6M).
Long Term Liabilities: BRKDD's short term assets (A$24.3M) exceed its long term liabilities (A$3.8M).
Debt to Equity History and Analysis
Debt Level: BRKDD has more cash than its total debt.
Reducing Debt: BRKDD's debt to equity ratio has reduced from 63.1% to 6.4% over the past 5 years.
Debt Coverage: BRKDD's debt is well covered by operating cash flow (298.7%).
Interest Coverage: BRKDD earns more interest than it pays, so coverage of interest payments is not a concern.