Braemar Balance Sheet Health
Financial Health criteria checks 5/6
Braemar has a total shareholder equity of £80.4M and total debt of £30.7M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are £164.9M and £84.5M respectively. Braemar's EBIT is £13.8M making its interest coverage ratio 7.9. It has cash and short-term investments of £29.1M.
Key information
38.1%
Debt to equity ratio
UK£30.65m
Debt
| Interest coverage ratio | 7.9x |
| Cash | UK£29.05m |
| Equity | UK£80.45m |
| Total liabilities | UK£84.49m |
| Total assets | UK£164.94m |
Recent financial health updates
Recent updates
Braemar Plc's (LON:BMS) Price Is Out Of Tune With Revenues
Jan 09
Braemar Shipping Services (LON:BMS) Has More To Do To Multiply In Value Going Forward
Dec 24I Built A List Of Growing Companies And Braemar Shipping Services (LON:BMS) Made The Cut
Sep 15Braemar Shipping Services Plc's (LON:BMS) Shares Bounce 28% But Its Business Still Trails The Market
Jun 10Should You Investigate Braemar Shipping Services Plc (LON:BMS) At UK£2.10?
Apr 06We're Watching These Trends At Braemar Shipping Services (LON:BMS)
Mar 11Is Braemar Shipping Services (LON:BMS) Using Too Much Debt?
Feb 18
What Type Of Returns Would Braemar Shipping Services'(LON:BMS) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 31Braemar Shipping Services Plc's (LON:BMS) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Jan 14Is There Now An Opportunity In Braemar Shipping Services Plc (LON:BMS)?
Dec 28Should You Use Braemar Shipping Services's (LON:BMS) Statutory Earnings To Analyse It?
Dec 06Financial Position Analysis
Short Term Liabilities: BMS's short term assets (£71.5M) exceed its short term liabilities (£52.5M).
Long Term Liabilities: BMS's short term assets (£71.5M) exceed its long term liabilities (£32.0M).
Debt to Equity History and Analysis
Debt Level: BMS's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: BMS's debt to equity ratio has increased from 34.3% to 38.1% over the past 5 years.
Debt Coverage: BMS's debt is well covered by operating cash flow (43.1%).
Interest Coverage: BMS's interest payments on its debt are well covered by EBIT (7.9x coverage).