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
Collect Income, Watch The Future Brighten: BrightSpire
Nov 23BrightSpire 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 14Financial 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 05:22 |
| End of Day Share Price | 2025/01/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BrightSpire Capital, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Terry Ma | Barclays |
| Derek Hewett | BofA Global Research |
| Eric Dray | BofA Global Research |