Brooks Laboratories Balance Sheet Health
Financial Health criteria checks 4/6
Brooks Laboratories has a total shareholder equity of ₹791.2M and total debt of ₹42.1M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are ₹1.1B and ₹268.7M respectively. Brooks Laboratories's EBIT is ₹10.9M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹5.0M.
Key information
5.3%
Debt to equity ratio
₹42.08m
Debt
Interest coverage ratio | 2.7x |
Cash | ₹5.03m |
Equity | ₹791.17m |
Total liabilities | ₹268.74m |
Total assets | ₹1.06b |
Recent financial health updates
Would Brooks Laboratories (NSE:BROOKS) Be Better Off With Less Debt?
Sep 28Does 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 22Recent 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 (₹304.2M) exceed its short term liabilities (₹243.6M).
Long Term Liabilities: BROOKS's short term assets (₹304.2M) exceed its long term liabilities (₹25.1M).
Debt to Equity History and Analysis
Debt Level: BROOKS's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: BROOKS's debt to equity ratio has reduced from 22.7% to 5.3% 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 24.5% each year