Braemar Balance Sheet Health
Financial Health criteria checks 6/6
Braemar has a total shareholder equity of £85.0M and total debt of £28.2M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are £160.6M and £75.6M respectively. Braemar's EBIT is £21.1M making its interest coverage ratio 7.5. It has cash and short-term investments of £26.0M.
Key information
33.1%
Debt to equity ratio
UK£28.17m
Debt
| Interest coverage ratio | 7.5x |
| Cash | UK£26.03m |
| Equity | UK£84.99m |
| Total liabilities | UK£75.63m |
| Total assets | UK£160.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5K9's short term assets (£72.7M) exceed its short term liabilities (£49.9M).
Long Term Liabilities: 5K9's short term assets (£72.7M) exceed its long term liabilities (£25.8M).
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 72.7% to 33.1% over the past 5 years.
Debt Coverage: 5K9's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 5K9's interest payments on its debt are well covered by EBIT (7.5x coverage).