Bahrain Ship Repairing and Engineering Company BSC Balance Sheet Health
Financial Health criteria checks 6/6
Bahrain Ship Repairing and Engineering Company BSC has a total shareholder equity of BHD32.9M and total debt of BHD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BHD36.6M and BHD3.7M respectively. Bahrain Ship Repairing and Engineering Company BSC's EBIT is BHD962.9K making its interest coverage ratio -0.9. It has cash and short-term investments of BHD17.7M.
Key information
0%
Debt to equity ratio
ب.د0
Debt
| Interest coverage ratio | -0.9x |
| Cash | ب.د17.70m |
| Equity | ب.د32.86m |
| Total liabilities | ب.د3.71m |
| Total assets | ب.د36.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BASREC's short term assets (BHD21.9M) exceed its short term liabilities (BHD1.5M).
Long Term Liabilities: BASREC's short term assets (BHD21.9M) exceed its long term liabilities (BHD2.2M).
Debt to Equity History and Analysis
Debt Level: BASREC is debt free.
Reducing Debt: BASREC had no debt 5 years ago.
Debt Coverage: BASREC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BASREC has no debt, therefore coverage of interest payments is not a concern.