Boat Rocker Media Balance Sheet Health
Financial Health criteria checks 5/6
Boat Rocker Media has a total shareholder equity of CA$232.0M and total debt of CA$143.1M, which brings its debt-to-equity ratio to 61.7%. Its total assets and total liabilities are CA$604.2M and CA$372.2M respectively. Boat Rocker Media's EBIT is CA$10.2M making its interest coverage ratio 1.4. It has cash and short-term investments of CA$72.5M.
Key information
61.7%
Debt to equity ratio
CA$143.13m
Debt
| Interest coverage ratio | 1.4x |
| Cash | CA$72.54m |
| Equity | CA$232.01m |
| Total liabilities | CA$372.20m |
| Total assets | CA$604.21m |
Recent financial health updates
Recent updates
Boat Rocker Media Inc. (TSE:BRMI) Shares Could Be 37% Below Their Intrinsic Value Estimate
Apr 02
Is Boat Rocker Media (TSE:BRMI) A Risky Investment?
Feb 13Risks Still Elevated At These Prices As Boat Rocker Media Inc. (TSE:BRMI) Shares Dive 26%
Dec 13Boat Rocker Media Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Nov 11Boat Rocker Media's (TSE:BRMI) Returns On Capital Not Reflecting Well On The Business
Oct 05Is Boat Rocker Media Inc. (TSE:BRMI) Trading At A 22% Discount?
Aug 31Return Trends At Boat Rocker Media (TSE:BRMI) Aren't Appealing
Dec 17Financial Position Analysis
Short Term Liabilities: BRMI's short term assets (CA$288.4M) do not cover its short term liabilities (CA$336.3M).
Long Term Liabilities: BRMI's short term assets (CA$288.4M) exceed its long term liabilities (CA$35.9M).
Debt to Equity History and Analysis
Debt Level: BRMI's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: BRMI's debt to equity ratio has reduced from 139.2% to 61.7% 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 BRMI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRMI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.3% per year.