Brooks Laboratories Balance Sheet Health
Financial Health criteria checks 4/6
Brooks Laboratories has a total shareholder equity of ₹592.1M and total debt of ₹71.8M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are ₹911.2M and ₹319.2M respectively. Brooks Laboratories's EBIT is ₹22.0M making its interest coverage ratio 3. It has cash and short-term investments of ₹8.1M.
Key information
12.1%
Debt to equity ratio
₹71.79m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹8.08m |
| Equity | ₹592.09m |
| Total liabilities | ₹319.16m |
| Total assets | ₹911.24m |
Recent financial health updates
Would Brooks Laboratories (NSE:BROOKS) Be Better Off With Less Debt?
Sep 28
Does Brooks Laboratories (NSE:BROOKS) Have A Healthy Balance Sheet?
Jun 10Is Brooks Laboratories (NSE:BROOKS) Using Too Much Debt?
Dec 08Is Brooks Laboratories (NSE:BROOKS) A Risky Investment?
Jul 07Here's Why Brooks Laboratories (NSE:BROOKS) Can Afford Some Debt
Jan 05Brooks Laboratories (NSE:BROOKS) Is Making Moderate Use Of Debt
Sep 22
Recent updates
Would Brooks Laboratories (NSE:BROOKS) Be Better Off With Less Debt?
Sep 28Does Brooks Laboratories (NSE:BROOKS) Have A Healthy Balance Sheet?
Jun 10Estimating The Intrinsic Value Of Brooks Laboratories Limited (NSE:BROOKS)
Feb 22Is Brooks Laboratories (NSE:BROOKS) Using Too Much Debt?
Dec 08Is Brooks Laboratories (NSE:BROOKS) A Risky Investment?
Jul 07Here's Why Brooks Laboratories (NSE:BROOKS) Can Afford Some Debt
Jan 05Brooks Laboratories (NSE:BROOKS) Is Making Moderate Use Of Debt
Sep 22Financial Position Analysis
Short Term Liabilities: BROOKS's short term assets (₹378.6M) exceed its short term liabilities (₹287.0M).
Long Term Liabilities: BROOKS's short term assets (₹378.6M) exceed its long term liabilities (₹32.2M).
Debt to Equity History and Analysis
Debt Level: BROOKS's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: BROOKS's debt to equity ratio has reduced from 29.4% to 12.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BROOKS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BROOKS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.4% each year