Burford Capital Balance Sheet Health
Financial Health criteria checks 3/6
Burford Capital has a total shareholder equity of $3.3B and total debt of $1.8B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $6.3B and $3.0B respectively. Burford Capital's EBIT is $1.0B making its interest coverage ratio 8.1. It has cash and short-term investments of $649.8M.
Key information
54.4%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 8.1x |
| Cash | US$649.82m |
| Equity | US$3.30b |
| Total liabilities | US$2.98b |
| Total assets | US$6.27b |
Recent financial health updates
No updates
Recent updates
Burford Capital: Solid Progress This Quarter
Nov 14Burford Capital: Serving Justice Pays Well
Sep 22Burford Capital: Investors Are Getting Paid To Wait
Aug 15Greenhaven Road Capital - Burford Capital: YPF Case Payout Is A '$6.2B Holding'
May 01Will Argentina Pay Burford, And When?
Mar 20Chris DeMuth Sure Likes Uranium And SHF Holdings + 3 Litigation Ideas
Jan 09Burford Capital: A Cheap Moat With A Cherry On Top
Dec 11A Normalized View On Burford's Core Portfolio Performance
Sep 20Burford Capital's Valuation After The Bull Case Damages Win
Sep 11Burford's Price In The Heat Of The YPF Trial Suggests Liquidation Value
Jul 28Burford Capital Still Has Considerable Room To Grow
Jun 13Burford Capital: Downside Appears Limited; YPF Is A Free Lottery Ticket
Oct 17Burford Capital appoints Jordan Licht as CFO
Sep 06Burford Capital declares $0.0625 dividend
Aug 09Litigation Finance: The VCs Of The Justice System
Mar 18Burford Capital: Great Business At A Wonderful Price And Free Embedded Call Options
Mar 02Burford Capital: When Complexity Generates Opportunities
Dec 03Arguing The Burford Thesis
Jul 27Burford Capital picks industry veteran as CFO
Apr 30Financial Position Analysis
Short Term Liabilities: BUR's short term assets ($700.5M) exceed its short term liabilities ($41.3M).
Long Term Liabilities: BUR's short term assets ($700.5M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: BUR's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: BUR's debt to equity ratio has increased from 42.8% to 54.4% over the past 5 years.
Debt Coverage: BUR's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: BUR's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:59 |
| End of Day Share Price | 2024/12/24 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
Burford Capital Limited is covered by 11 analysts. 2 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 |
|---|---|
| Alexander Bowers | Berenberg |
| Robert Chantry | Berenberg |
| Matthew Howlett | B. Riley Securities, Inc. |