Bri-Chem Balance Sheet Health
Financial Health criteria checks 4/6
Bri-Chem has a total shareholder equity of CA$22.5M and total debt of CA$30.2M, which brings its debt-to-equity ratio to 134%. Its total assets and total liabilities are CA$68.4M and CA$45.8M respectively.
Key information
134.0%
Debt to equity ratio
CA$30.20m
Debt
| Interest coverage ratio | 1.1x |
| Cash | n/a |
| Equity | CA$22.54m |
| Total liabilities | CA$45.83m |
| Total assets | CA$68.37m |
Recent financial health updates
No updates
Recent updates
Bri-Chem Corp.'s (TSE:BRY) Shares Leap 28% Yet They're Still Not Telling The Full Story
Feb 07
Bri-Chem Corp.'s (TSE:BRY) Shares Not Telling The Full Story
Aug 29Returns On Capital Are A Standout For Bri-Chem (TSE:BRY)
Mar 31Bri-Chem (TSE:BRY) Knows How To Allocate Capital Effectively
Jun 11We Think That There Are Issues Underlying Bri-Chem's (TSE:BRY) Earnings
Apr 06Bri-Chem's (TSE:BRY) Returns On Capital Are Heading Higher
Dec 31Financial Position Analysis
Short Term Liabilities: BRY's short term assets (CA$54.2M) exceed its short term liabilities (CA$38.3M).
Long Term Liabilities: BRY's short term assets (CA$54.2M) exceed its long term liabilities (CA$7.5M).
Debt to Equity History and Analysis
Debt Level: BRY's net debt to equity ratio (134%) is considered high.
Reducing Debt: BRY's debt to equity ratio has reduced from 196.5% to 134% over the past 5 years.
Debt Coverage: BRY's debt is well covered by operating cash flow (42%).
Interest Coverage: BRY's interest payments on its debt are not well covered by EBIT (1.1x coverage).