BCI Minerals Balance Sheet Health
Financial Health criteria checks 4/6
BCI Minerals has a total shareholder equity of A$430.7M and total debt of A$192.3M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are A$709.8M and A$279.1M respectively. BCI Minerals's EBIT is A$1.2M making its interest coverage ratio -0.2. It has cash and short-term investments of A$111.3M.
Key information
44.6%
Debt to equity ratio
AU$192.28m
Debt
| Interest coverage ratio | -0.2x |
| Cash | AU$111.31m |
| Equity | AU$430.69m |
| Total liabilities | AU$279.13m |
| Total assets | AU$709.82m |
Recent financial health updates
Health Check: How Prudently Does BCI Minerals (ASX:BCI) Use Debt?
Sep 24
Is BCI Minerals (ASX:BCI) A Risky Investment?
May 11Recent updates
There Is A Reason BCI Minerals Limited's (ASX:BCI) Price Is Undemanding
Jan 04Health Check: How Prudently Does BCI Minerals (ASX:BCI) Use Debt?
Sep 24Is BCI Minerals (ASX:BCI) A Risky Investment?
May 11Here's Why Shareholders May Want To Be Cautious With Increasing BCI Minerals Limited's (ASX:BCI) CEO Pay Packet
Nov 18With EPS Growth And More, BCI Minerals (ASX:BCI) Is Interesting
Aug 22BCI Minerals (ASX:BCI) Has Gifted Shareholders With A Fantastic 158% Total Return On Their Investment
Feb 25How Does BCI Minerals' (ASX:BCI) CEO Salary Compare to Peers?
Jan 21Financial Position Analysis
Short Term Liabilities: BCI's short term assets (A$152.4M) exceed its short term liabilities (A$150.2M).
Long Term Liabilities: BCI's short term assets (A$152.4M) exceed its long term liabilities (A$128.9M).
Debt to Equity History and Analysis
Debt Level: BCI's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: BCI's debt to equity ratio has increased from 0% to 44.6% over the past 5 years.
Debt Coverage: BCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BCI earns more interest than it pays, so coverage of interest payments is not a concern.