Braime Group Balance Sheet Health
Financial Health criteria checks 5/6
Braime Group has a total shareholder equity of £20.8M and total debt of £6.2M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are £34.2M and £13.3M respectively. Braime Group's EBIT is £3.7M making its interest coverage ratio 9.1. It has cash and short-term investments of £2.3M.
Key information
29.9%
Debt to equity ratio
UK£6.23m
Debt
| Interest coverage ratio | 9.1x |
| Cash | UK£2.31m |
| Equity | UK£20.84m |
| Total liabilities | UK£13.32m |
| Total assets | UK£34.16m |
Recent financial health updates
Is Braime Group (LON:BMT) A Risky Investment?
May 01
Braime Group (LON:BMT) Has A Somewhat Strained Balance Sheet
Dec 20Recent updates
Capital Investment Trends At Braime Group (LON:BMT) Look Strong
Jul 08Should You Be Adding Braime Group (LON:BMT) To Your Watchlist Today?
Jun 03Braime Group (LON:BMT) Is Doing The Right Things To Multiply Its Share Price
May 05Shareholders Will Most Likely Find Braime Group PLC's (LON:BMT) CEO Compensation Acceptable
Jun 17Calculating The Intrinsic Value Of Braime Group PLC (LON:BMT)
May 22Is Braime Group (LON:BMT) A Risky Investment?
May 01Braime Group PLC's (LON:BMT) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 07Should You Be Impressed By Braime Group's (LON:BMT) Returns on Capital?
Jan 31Braime Group (LON:BMT) Has A Somewhat Strained Balance Sheet
Dec 20Would Financials Be Able To Push Braime Group PLC's (LON:BMT) Stock Prices Higher In The Near Future?
Nov 23
Financial Position Analysis
Short Term Liabilities: BMT's short term assets (£22.9M) exceed its short term liabilities (£11.0M).
Long Term Liabilities: BMT's short term assets (£22.9M) exceed its long term liabilities (£2.4M).
Debt to Equity History and Analysis
Debt Level: BMT's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: BMT's debt to equity ratio has increased from 26.3% to 29.9% over the past 5 years.
Debt Coverage: BMT's debt is well covered by operating cash flow (51.9%).
Interest Coverage: BMT's interest payments on its debt are well covered by EBIT (9.1x coverage).