Burnham Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Burnham Holdings has a total shareholder equity of $103.7M and total debt of $32.3M, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are $187.6M and $83.9M respectively. Burnham Holdings's EBIT is $16.7M making its interest coverage ratio 9.1. It has cash and short-term investments of $5.9M.
Key information
31.2%
Debt to equity ratio
US$32.31m
Debt
Interest coverage ratio | 9.1x |
Cash | US$5.93m |
Equity | US$103.71m |
Total liabilities | US$83.90m |
Total assets | US$187.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURC.A's short term assets ($98.3M) exceed its short term liabilities ($33.7M).
Long Term Liabilities: BURC.A's short term assets ($98.3M) exceed its long term liabilities ($50.2M).
Debt to Equity History and Analysis
Debt Level: BURC.A's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: BURC.A's debt to equity ratio has increased from 24.9% to 31.2% over the past 5 years.
Debt Coverage: BURC.A's debt is well covered by operating cash flow (77.9%).
Interest Coverage: BURC.A's interest payments on its debt are well covered by EBIT (9.1x coverage).