Birks Group Balance Sheet Health

Financial Health criteria checks 0/6

Birks Group has a total shareholder equity of CA$-5.1M and total debt of CA$90.2M, which brings its debt-to-equity ratio to -1752.6%. Its total assets and total liabilities are CA$203.3M and CA$208.4M respectively. Birks Group's EBIT is CA$1.2M making its interest coverage ratio 0.1. It has cash and short-term investments of CA$1.8M.

Key information

-1,752.6%

Debt to equity ratio

CA$90.24m

Debt

Interest coverage ratio0.1x
CashCA$1.78m
Equity-CA$5.15m
Total liabilitiesCA$208.42m
Total assetsCA$203.27m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2BG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 2BG 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: 2BG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 2BG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: 2BG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 2BG has less than a year of cash runway if free cash flow continues to grow at historical rates of 36.5% each year.


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