Big River Industries Balance Sheet Health
Financial Health criteria checks 5/6
Big River Industries has a total shareholder equity of A$119.2M and total debt of A$46.0M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are A$272.6M and A$153.4M respectively. Big River Industries's EBIT is A$16.5M making its interest coverage ratio 3.1. It has cash and short-term investments of A$20.8M.
Key information
38.6%
Debt to equity ratio
AU$46.00m
Debt
| Interest coverage ratio | 3.1x |
| Cash | AU$20.76m |
| Equity | AU$119.25m |
| Total liabilities | AU$153.38m |
| Total assets | AU$272.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BQ3's short term assets (A$150.9M) exceed its short term liabilities (A$80.3M).
Long Term Liabilities: BQ3's short term assets (A$150.9M) exceed its long term liabilities (A$73.0M).
Debt to Equity History and Analysis
Debt Level: BQ3's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: BQ3's debt to equity ratio has increased from 22.8% to 38.6% over the past 5 years.
Debt Coverage: BQ3's debt is well covered by operating cash flow (40.5%).
Interest Coverage: BQ3's interest payments on its debt are well covered by EBIT (3.1x coverage).