Bri-Chem Balance Sheet Health
Financial Health criteria checks 5/6
Bri-Chem has a total shareholder equity of CA$21.6M and total debt of CA$24.3M, which brings its debt-to-equity ratio to 112.4%. Its total assets and total liabilities are CA$59.2M and CA$37.6M respectively.
Key information
112.4%
Debt to equity ratio
CA$24.28m
Debt
| Interest coverage ratio | 0.6x |
| Cash | n/a |
| Equity | CA$21.60m |
| Total liabilities | CA$37.60m |
| Total assets | CA$59.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRYF.F's short term assets (CA$44.6M) exceed its short term liabilities (CA$30.5M).
Long Term Liabilities: BRYF.F's short term assets (CA$44.6M) exceed its long term liabilities (CA$7.1M).
Debt to Equity History and Analysis
Debt Level: BRYF.F's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: BRYF.F's debt to equity ratio has reduced from 146.3% to 112.4% 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 BRYF.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRYF.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.3% per year.