Bri-Chem Balance Sheet Health
Financial Health criteria checks 5/6
Bri-Chem has a total shareholder equity of CA$21.8M and total debt of CA$29.6M, which brings its debt-to-equity ratio to 135.5%. Its total assets and total liabilities are CA$66.2M and CA$44.4M respectively.
Key information
135.5%
Debt to equity ratio
CA$29.55m
Debt
| Interest coverage ratio | 0.8x |
| Cash | n/a |
| Equity | CA$21.81m |
| Total liabilities | CA$44.41m |
| Total assets | CA$66.22m |
Recent financial health updates
No updates
Recent updates
Bri-Chem (TSE:BRY) Hasn't Managed To Accelerate Its Returns
May 22
Bri-Chem Corp.'s (TSE:BRY) Shares Leap 28% Yet They're Still Not Telling The Full Story
Feb 07Bri-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$51.7M) exceed its short term liabilities (CA$37.1M).
Long Term Liabilities: BRY's short term assets (CA$51.7M) exceed its long term liabilities (CA$7.3M).
Debt to Equity History and Analysis
Debt Level: BRY's net debt to equity ratio (135.5%) is considered high.
Reducing Debt: BRY's debt to equity ratio has reduced from 169.5% to 135.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BRY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.6% per year.