Bras Balance Sheet Health
Financial Health criteria checks 2/6
Bras has a total shareholder equity of PLN9.8M and total debt of PLN11.7M, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are PLN25.1M and PLN15.4M respectively. Bras's EBIT is PLN402.4K making its interest coverage ratio 0.3. It has cash and short-term investments of PLN779.8K.
Key information
119.5%
Debt to equity ratio
zł11.68m
Debt
| Interest coverage ratio | 0.3x |
| Cash | zł779.82k |
| Equity | zł9.78m |
| Total liabilities | zł15.37m |
| Total assets | zł25.15m |
Recent financial health updates
Is Bras (WSE:BSA) Using Too Much Debt?
Mar 28
Is Bras (WSE:BSA) Using Too Much Debt?
May 09Does Bras (WSE:BSA) Have A Healthy Balance Sheet?
May 31Bras (WSE:BSA) Seems To Use Debt Quite Sensibly
Feb 14Recent updates
Is Bras (WSE:BSA) Using Too Much Debt?
Mar 28Investor Optimism Abounds Bras S.A. (WSE:BSA) But Growth Is Lacking
Feb 13Is Bras (WSE:BSA) Using Too Much Debt?
May 09Here's Why I Think Bras (WSE:BSA) Is An Interesting Stock
Feb 25Does Bras (WSE:BSA) Deserve A Spot On Your Watchlist?
Oct 28Does Bras (WSE:BSA) Have A Healthy Balance Sheet?
May 31Bras (WSE:BSA) Seems To Use Debt Quite Sensibly
Feb 14Financial Position Analysis
Short Term Liabilities: BSA's short term assets (PLN3.8M) do not cover its short term liabilities (PLN4.9M).
Long Term Liabilities: BSA's short term assets (PLN3.8M) do not cover its long term liabilities (PLN10.4M).
Debt to Equity History and Analysis
Debt Level: BSA's net debt to equity ratio (111.5%) is considered high.
Reducing Debt: BSA's debt to equity ratio has increased from 58.6% to 119.5% 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: Whilst unprofitable BSA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BSA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.6% per year.