Braemar Balance Sheet Health
Financial Health criteria checks 5/6
Braemar has a total shareholder equity of £79.6M and total debt of £29.9M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are £161.6M and £82.0M respectively. Braemar's EBIT is £19.3M making its interest coverage ratio 8.2. It has cash and short-term investments of £28.0M.
Key information
37.6%
Debt to equity ratio
UK£29.94m
Debt
| Interest coverage ratio | 8.2x |
| Cash | UK£27.95m |
| Equity | UK£79.62m |
| Total liabilities | UK£81.95m |
| Total assets | UK£161.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5K9's short term assets (£69.9M) exceed its short term liabilities (£49.1M).
Long Term Liabilities: 5K9's short term assets (£69.9M) exceed its long term liabilities (£32.8M).
Debt to Equity History and Analysis
Debt Level: 5K9's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 5K9's debt to equity ratio has reduced from 80.1% to 37.6% over the past 5 years.
Debt Coverage: 5K9's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 5K9's interest payments on its debt are well covered by EBIT (8.2x coverage).