BrightSpire Capital Balance Sheet Health
Financial Health criteria checks 4/6
BrightSpire Capital has a total shareholder equity of $1.2B and total debt of $2.6B, which brings its debt-to-equity ratio to 216.6%. Its total assets and total liabilities are $3.9B and $2.8B respectively. BrightSpire Capital's EBIT is $137.7M making its interest coverage ratio 0.7. It has cash and short-term investments of $221.5M.
Key information
216.6%
Debt to equity ratio
US$2.58b
Debt
Interest coverage ratio | 0.7x |
Cash | US$221.51m |
Equity | US$1.19b |
Total liabilities | US$2.76b |
Total assets | US$3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 41W0's short term assets ($3.1B) exceed its short term liabilities ($241.8M).
Long Term Liabilities: 41W0's short term assets ($3.1B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: 41W0's net debt to equity ratio (198%) is considered high.
Reducing Debt: 41W0's debt to equity ratio has increased from 200.3% to 216.6% 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 41W0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 41W0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.1% per year.