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
No updates
Recent 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.