Briscoe Group Balance Sheet Health
Financial Health criteria checks 6/6
Briscoe Group has a total shareholder equity of NZ$315.9M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$721.2M and NZ$405.3M respectively. Briscoe Group's EBIT is NZ$122.8M making its interest coverage ratio 20.1. It has cash and short-term investments of NZ$175.4M.
Key information
0%
Debt to equity ratio
NZ$0
Debt
Interest coverage ratio | 20.1x |
Cash | NZ$175.44m |
Equity | NZ$315.87m |
Total liabilities | NZ$405.29m |
Total assets | NZ$721.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGP's short term assets (NZ$288.6M) exceed its short term liabilities (NZ$134.7M).
Long Term Liabilities: BGP's short term assets (NZ$288.6M) exceed its long term liabilities (NZ$270.6M).
Debt to Equity History and Analysis
Debt Level: BGP is debt free.
Reducing Debt: BGP has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: BGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BGP has no debt, therefore coverage of interest payments is not a concern.