Boat Rocker Media Balance Sheet Health
Financial Health criteria checks 5/6
Boat Rocker Media has a total shareholder equity of CA$234.2M and total debt of CA$107.0M, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are CA$579.2M and CA$345.0M respectively. Boat Rocker Media's EBIT is CA$13.6M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$98.2M.
Key information
45.7%
Debt to equity ratio
CA$107.04m
Debt
Interest coverage ratio | 1.8x |
Cash | CA$98.22m |
Equity | CA$234.19m |
Total liabilities | CA$345.04m |
Total assets | CA$579.23m |
Recent financial health updates
Recent updates
Boat Rocker Media Inc. (TSE:BRMI) Shares Could Be 37% Below Their Intrinsic Value Estimate
Apr 02Is 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$257.4M) do not cover its short term liabilities (CA$314.5M).
Long Term Liabilities: BRMI's short term assets (CA$257.4M) exceed its long term liabilities (CA$30.6M).
Debt to Equity History and Analysis
Debt Level: BRMI's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: BRMI's debt to equity ratio has reduced from 174.2% to 45.7% 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, due to free cash flow being positive and growing by 29.8% per year.