Brightstar Resources Balance Sheet Health
Financial Health criteria checks 2/6
Brightstar Resources has a total shareholder equity of A$69.1M and total debt of A$2.3M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are A$110.2M and A$41.1M respectively.
Key information
3.4%
Debt to equity ratio
AU$2.32m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$7.96m |
| Equity | AU$69.08m |
| Total liabilities | AU$41.10m |
| Total assets | AU$110.18m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BTR's short term assets (A$13.6M) do not cover its short term liabilities (A$26.7M).
Long Term Liabilities: BTR's short term assets (A$13.6M) do not cover its long term liabilities (A$14.4M).
Debt to Equity History and Analysis
Debt Level: BTR has more cash than its total debt.
Reducing Debt: BTR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BTR's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: Insufficient data to determine if BTR's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 11:38 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Brightstar Resources Limited is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Prendiville | Canaccord Genuity |
| Tony Parry | Resource Capital Research Pty Limited |
| Dorab Postmaster | Shaw and Partners Limited |