BrightSpire Capital Balance Sheet Health
Financial Health criteria checks 4/6
BrightSpire Capital has a total shareholder equity of $1.3B and total debt of $2.7B, which brings its debt-to-equity ratio to 212.4%. Its total assets and total liabilities are $4.2B and $2.9B respectively. BrightSpire Capital's EBIT is $191.6M making its interest coverage ratio 1. It has cash and short-term investments of $257.5M.
Key information
212.4%
Debt to equity ratio
US$2.72b
Debt
Interest coverage ratio | 1x |
Cash | US$257.51m |
Equity | US$1.28b |
Total liabilities | US$2.92b |
Total assets | US$4.20b |
Recent financial health updates
No updates
Recent updates
BrightSpire: My Income Portfolio Doesn't Quit
Mar 10Bargain Alert! I Earn 10% Yield From BrightSpire Capital
Jan 03BrightSpire Capital: Will Benefit From Higher Average Interest Rate
Nov 27BrightSpire Capital: Still Below Book Value With A 12% Dividend
Sep 18BrightSpire Capital: A Fairly Valued 12%+ Yielder
Aug 28BrightSpire Capital: Trades At A Major Discount To Book Value
Jun 22BrightSpire Capital: Office Loans Have The Market Exiting, I'm Entering (Slowly)
Jun 01BrightSpire Capital Q4 2022 Earnings Preview
Feb 20BrightSpire: A Decent Quarter Improves The Valuation Picture, Technicals Remain Concerning
Dec 09BrightSpire Capital Q3 2022 Earnings Preview
Nov 01BrightSpire Capital: 11.5% Dividend Yield And 38% Upside
Sep 29BrightSpire Capital declares $0.20 dividend
Sep 15BrightSpire Capital Q2 2022 Earnings Preview
Aug 02BrightSpire's Big Yield But Bearish Chart
Jul 10BrightSpire: High Yield, Poor Return, Invest With Adequate Precaution
Apr 11A Top Pick For Dividend Growth: BrightSpire Capital
Jan 25BrightSpire Capital: Portfolio Restructuring With Future Organic Growth Potential
Dec 14BrightSpire Capital Stock: My Oh My, Another Strong Buy
Sep 13BrightSpire Capital: Value Trap As Dividend May Not Be Supported By Cash Flows
Sep 07Colony Credit Real Estate changes name to BrightSpire Capital
Jun 14Colony Credit Real Estate, Inc. (NYSE:CLNC) Analysts Just Slashed This Year's Estimates
May 22Colony Credit Real Estate misses on revenue
May 05Colony Credit Real Estate, Inc. (NYSE:CLNC) On The Verge Of Breaking Even
Apr 01What Kind Of Shareholders Own Colony Credit Real Estate, Inc. (NYSE:CLNC)?
Feb 22Have Insiders Been Buying Colony Credit Real Estate, Inc. (NYSE:CLNC) Shares?
Jan 18Colony Credit Real Estate names new finance chief and Treasurer
Jan 05Colony Credit: Yet Another mREIT To Sell
Dec 26Colony Credit Real Estate's(NYSE:CLNC) Share Price Is Down 44% Over The Past Year.
Dec 14Financial Position Analysis
Short Term Liabilities: BRSP's short term assets ($3.3B) exceed its short term liabilities ($84.0M).
Long Term Liabilities: BRSP's short term assets ($3.3B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: BRSP's net debt to equity ratio (192.3%) is considered high.
Reducing Debt: BRSP's debt to equity ratio has increased from 196.8% to 212.4% 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 BRSP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BRSP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 0.4% per year.