Brim hf Balance Sheet Health
Financial Health criteria checks 3/6
Brim hf has a total shareholder equity of €472.8M and total debt of €363.8M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are €949.7M and €476.9M respectively. Brim hf's EBIT is €79.5M making its interest coverage ratio 5.4. It has cash and short-term investments of €34.2M.
Key information
77.0%
Debt to equity ratio
€363.84m
Debt
| Interest coverage ratio | 5.4x |
| Cash | €34.18m |
| Equity | €472.81m |
| Total liabilities | €476.85m |
| Total assets | €949.66m |
Recent financial health updates
Brim hf (ICE:BRIM) Seems To Use Debt Rather Sparingly
Sep 20
Brim hf (ICE:BRIM) Seems To Use Debt Quite Sensibly
May 03We Think Brim hf (ICE:BRIM) Can Stay On Top Of Its Debt
Jan 06We Think Brim hf (ICE:BRIM) Is Taking Some Risk With Its Debt
Jun 11Is Brim hf (ICE:BRIM) Using Too Much Debt?
Mar 08Is Brim hf (ICE:BRIM) A Risky Investment?
Dec 06
Recent updates
Returns On Capital Are Showing Encouraging Signs At Brim hf (ICE:BRIM)
Nov 21Brim hf (ICE:BRIM) Is Experiencing Growth In Returns On Capital
Feb 07Brim hf (ICE:BRIM) Seems To Use Debt Rather Sparingly
Sep 20There's Been No Shortage Of Growth Recently For Brim hf's (ICE:BRIM) Returns On Capital
Sep 02Brim hf (ICE:BRIM) Seems To Use Debt Quite Sensibly
May 03Returns On Capital At Brim hf (ICE:BRIM) Have Hit The Brakes
Feb 16We Think Brim hf (ICE:BRIM) Can Stay On Top Of Its Debt
Jan 06Return Trends At Brim hf (ICE:BRIM) Aren't Appealing
Nov 08Here's Why We Think Brim hf (ICE:BRIM) Is Well Worth Watching
Sep 27Brim hf (ICE:BRIM) Is Reinvesting At Lower Rates Of Return
Jul 08We Think Brim hf (ICE:BRIM) Is Taking Some Risk With Its Debt
Jun 11Brim hf (ICE:BRIM) Is Reinvesting At Lower Rates Of Return
Apr 02Is Brim hf (ICE:BRIM) Using Too Much Debt?
Mar 08Update: Brim hf (ICE:BRIM) Stock Gained 58% In The Last Three Years
Feb 15Brim hf.'s (ICE:BRIM) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 24Has Brim hf (ICE:BRIM) Got What It Takes To Become A Multi-Bagger?
Jan 01Is Brim hf (ICE:BRIM) A Risky Investment?
Dec 06Financial Position Analysis
Short Term Liabilities: BRIM's short term assets (€170.2M) exceed its short term liabilities (€64.0M).
Long Term Liabilities: BRIM's short term assets (€170.2M) do not cover its long term liabilities (€412.9M).
Debt to Equity History and Analysis
Debt Level: BRIM's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: BRIM's debt to equity ratio has reduced from 107.4% to 77% over the past 5 years.
Debt Coverage: BRIM's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: BRIM's interest payments on its debt are well covered by EBIT (5.4x coverage).