Bridgemarq Real Estate Services Balance Sheet Health
Financial Health criteria checks 2/6
Bridgemarq Real Estate Services has a total shareholder equity of CA$-46.8M and total debt of CA$66.9M, which brings its debt-to-equity ratio to -143%. Its total assets and total liabilities are CA$77.0M and CA$123.8M respectively. Bridgemarq Real Estate Services's EBIT is CA$20.7M making its interest coverage ratio 3.4. It has cash and short-term investments of CA$6.5M.
Key information
-143.0%
Debt to equity ratio
CA$66.94m
Debt
| Interest coverage ratio | 3.4x |
| Cash | CA$6.54m |
| Equity | -CA$46.82m |
| Total liabilities | CA$123.82m |
| Total assets | CA$77.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BG8 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BG8 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BG8 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BG8's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BG8's debt is well covered by operating cash flow (22.4%).
Interest Coverage: BG8's interest payments on its debt are well covered by EBIT (3.4x coverage).