Barito Renewables Energy Balance Sheet Health
Financial Health criteria checks 2/6
Barito Renewables Energy has a total shareholder equity of $691.8M and total debt of $2.1B, which brings its debt-to-equity ratio to 296.9%. Its total assets and total liabilities are $3.7B and $3.0B respectively. Barito Renewables Energy's EBIT is $441.3M making its interest coverage ratio 3.7. It has cash and short-term investments of $318.2M.
Key information
296.9%
Debt to equity ratio
US$2.05b
Debt
Interest coverage ratio | 3.7x |
Cash | US$318.19m |
Equity | US$691.83m |
Total liabilities | US$2.96b |
Total assets | US$3.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BREN's short term assets ($787.6M) exceed its short term liabilities ($269.0M).
Long Term Liabilities: BREN's short term assets ($787.6M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: BREN's net debt to equity ratio (250.9%) is considered high.
Reducing Debt: Insufficient data to determine if BREN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BREN's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: BREN's interest payments on its debt are well covered by EBIT (3.7x coverage).