BrightSpire Capital Balance Sheet Health
Financial Health criteria checks 4/6
BrightSpire Capital has a total shareholder equity of $1.1B and total debt of $2.6B, which brings its debt-to-equity ratio to 236.6%. Its total assets and total liabilities are $3.8B and $2.8B respectively. BrightSpire Capital's EBIT is $109.8M making its interest coverage ratio 0.6. It has cash and short-term investments of $263.8M.
Key information
236.6%
Debt to equity ratio
US$2.57b
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$263.76m |
| Equity | US$1.09b |
| Total liabilities | US$2.75b |
| Total assets | US$3.84b |
Recent financial health updates
No updates
Recent updates
BrightSpire Capital: Loan Loss Risk Remains Elevated But Positive Signs Are Emerging
Oct 2512% Yield And Conservative Management. Yes!: BrightSpire
Aug 14BrightSpire Capital: Looking For Income In Alderaan Places
Aug 05Bargain Alert: 14% Yield And Big Discount: BrightSpire Capital
Jun 30It's Unlikely That BrightSpire Capital, Inc.'s (NYSE:BRSP) CEO Will See A Huge Pay Rise This Year
May 10
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 22Financial Position Analysis
Short Term Liabilities: BRSP's short term assets ($3.0B) exceed its short term liabilities ($386.5M).
Long Term Liabilities: BRSP's short term assets ($3.0B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: BRSP's net debt to equity ratio (212.3%) is considered high.
Reducing Debt: BRSP's debt to equity ratio has increased from 224.9% to 236.6% 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, due to free cash flow being positive and growing by 2.3% per year.