Bumi Resources Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Bumi Resources Minerals has a total shareholder equity of $969.4M and total debt of $67.4M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are $1.1B and $135.5M respectively. Bumi Resources Minerals's EBIT is $17.2M making its interest coverage ratio -412.6. It has cash and short-term investments of $4.6M.
Key information
7.0%
Debt to equity ratio
US$67.38m
Debt
Interest coverage ratio | -412.6x |
Cash | US$4.56m |
Equity | US$969.35m |
Total liabilities | US$135.52m |
Total assets | US$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRMS's short term assets ($145.8M) exceed its short term liabilities ($84.4M).
Long Term Liabilities: BRMS's short term assets ($145.8M) exceed its long term liabilities ($51.1M).
Debt to Equity History and Analysis
Debt Level: BRMS's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: BRMS's debt to equity ratio has reduced from 24.9% to 7% over the past 5 years.
Debt Coverage: BRMS's debt is well covered by operating cash flow (25.9%).
Interest Coverage: BRMS earns more interest than it pays, so coverage of interest payments is not a concern.