Burgundy Diamond Mines Balance Sheet Health
Financial Health criteria checks 4/6
Burgundy Diamond Mines has a total shareholder equity of $158.2M and total debt of $96.1M, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are $667.0M and $508.8M respectively. Burgundy Diamond Mines's EBIT is $25.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $94.4M.
Key information
60.8%
Debt to equity ratio
US$96.14m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$94.43m |
| Equity | US$158.23m |
| Total liabilities | US$508.75m |
| Total assets | US$666.99m |
Recent financial health updates
These 4 Measures Indicate That Burgundy Diamond Mines (ASX:BDM) Is Using Debt Extensively
Apr 22
We Think Burgundy Diamond Mines (ASX:BDM) Has A Fair Chunk Of Debt
Oct 18Is Burgundy Diamond Mines (ASX:BDM) Using Debt Sensibly?
Jun 29Is Burgundy Diamond Mines (ASX:BDM) A Risky Investment?
Feb 27Recent updates
These 4 Measures Indicate That Burgundy Diamond Mines (ASX:BDM) Is Using Debt Extensively
Apr 22Improved Revenues Required Before Burgundy Diamond Mines Limited (ASX:BDM) Shares Find Their Feet
Mar 13We Think Burgundy Diamond Mines (ASX:BDM) Has A Fair Chunk Of Debt
Oct 18Is Burgundy Diamond Mines (ASX:BDM) Using Debt Sensibly?
Jun 29Is Burgundy Diamond Mines (ASX:BDM) A Risky Investment?
Feb 27Financial Position Analysis
Short Term Liabilities: BDM's short term assets ($353.5M) exceed its short term liabilities ($123.1M).
Long Term Liabilities: BDM's short term assets ($353.5M) do not cover its long term liabilities ($385.6M).
Debt to Equity History and Analysis
Debt Level: BDM's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: BDM's debt to equity ratio has increased from 0% to 60.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BDM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BDM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.2% per year.