Brim hf Balance Sheet Health
Financial Health criteria checks 2/6
Brim hf has a total shareholder equity of €467.5M and total debt of €409.2M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are €993.9M and €526.4M respectively. Brim hf's EBIT is €49.7M making its interest coverage ratio 2.7. It has cash and short-term investments of €23.3M.
Key information
87.5%
Debt to equity ratio
€409.16m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €23.28m |
| Equity | €467.51m |
| Total liabilities | €526.42m |
| Total assets | €993.94m |
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
Brim hf (ICE:BRIM) Might Have The Makings Of A Multi-Bagger
Oct 15Returns 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 (€168.1M) exceed its short term liabilities (€122.3M).
Long Term Liabilities: BRIM's short term assets (€168.1M) do not cover its long term liabilities (€404.1M).
Debt to Equity History and Analysis
Debt Level: BRIM's net debt to equity ratio (82.5%) is considered high.
Reducing Debt: BRIM's debt to equity ratio has reduced from 89% to 87.5% over the past 5 years.
Debt Coverage: BRIM's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: BRIM's interest payments on its debt are not well covered by EBIT (2.7x coverage).