Big River Industries Balance Sheet Health
Financial Health criteria checks 5/6
Big River Industries has a total shareholder equity of A$120.6M and total debt of A$41.0M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are A$256.9M and A$136.4M respectively. Big River Industries's EBIT is A$28.7M making its interest coverage ratio 5.4. It has cash and short-term investments of A$24.6M.
Key information
34.0%
Debt to equity ratio
AU$41.00m
Debt
Interest coverage ratio | 5.4x |
Cash | AU$24.57m |
Equity | AU$120.56m |
Total liabilities | AU$136.36m |
Total assets | AU$256.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BQ3's short term assets (A$144.8M) exceed its short term liabilities (A$70.9M).
Long Term Liabilities: BQ3's short term assets (A$144.8M) exceed its long term liabilities (A$65.5M).
Debt to Equity History and Analysis
Debt Level: BQ3's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: BQ3's debt to equity ratio has increased from 19.8% to 34% over the past 5 years.
Debt Coverage: BQ3's debt is well covered by operating cash flow (102%).
Interest Coverage: BQ3's interest payments on its debt are well covered by EBIT (5.4x coverage).