Bri-Chem Balance Sheet Health
Financial Health criteria checks 4/6
Bri-Chem has a total shareholder equity of CA$22.5M and total debt of CA$30.2M, which brings its debt-to-equity ratio to 134%. Its total assets and total liabilities are CA$68.4M and CA$45.8M respectively.
Key information
134.0%
Debt to equity ratio
CA$30.20m
Debt
Interest coverage ratio | 1.1x |
Cash | n/a |
Equity | CA$22.54m |
Total liabilities | CA$45.83m |
Total assets | CA$68.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRYF.F's short term assets (CA$54.2M) exceed its short term liabilities (CA$38.3M).
Long Term Liabilities: BRYF.F's short term assets (CA$54.2M) exceed its long term liabilities (CA$7.5M).
Debt to Equity History and Analysis
Debt Level: BRYF.F's net debt to equity ratio (134%) is considered high.
Reducing Debt: BRYF.F's debt to equity ratio has reduced from 196.5% to 134% over the past 5 years.
Debt Coverage: BRYF.F's debt is well covered by operating cash flow (42%).
Interest Coverage: BRYF.F's interest payments on its debt are not well covered by EBIT (1.1x coverage).