Bermuda Aviation Services Balance Sheet Health
Financial Health criteria checks 5/6
Bermuda Aviation Services has a total shareholder equity of BMD19.0M and total debt of BMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BMD22.2M and BMD3.2M respectively. Bermuda Aviation Services's EBIT is BMD755.0K making its interest coverage ratio 107.9. It has cash and short-term investments of BMD7.7M.
Key information
0%
Debt to equity ratio
BD$0
Debt
| Interest coverage ratio | 107.9x |
| Cash | BD$7.66m |
| Equity | BD$19.01m |
| Total liabilities | BD$3.22m |
| Total assets | BD$22.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAS.BH's short term assets (BMD11.4M) exceed its short term liabilities (BMD3.2M).
Long Term Liabilities: BAS.BH's short term assets (BMD11.4M) do not cover its long term liabilities (BMD-1,000.0).
Debt to Equity History and Analysis
Debt Level: BAS.BH is debt free.
Reducing Debt: BAS.BH has no debt compared to 5 years ago when its debt to equity ratio was 26.3%.
Debt Coverage: BAS.BH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BAS.BH has no debt, therefore coverage of interest payments is not a concern.