Burford Capital Balance Sheet Health
Financial Health criteria checks 3/6
Burford Capital has a total shareholder equity of $3.1B and total debt of $1.8B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are $6.0B and $2.9B respectively. Burford Capital's EBIT is $931.2M making its interest coverage ratio 8.4. It has cash and short-term investments of $585.5M.
Key information
58.0%
Debt to equity ratio
US$1.81b
Debt
| Interest coverage ratio | 8.4x |
| Cash | US$585.55m |
| Equity | US$3.13b |
| Total liabilities | US$2.89b |
| Total assets | US$6.01b |
Recent financial health updates
No updates
Recent updates
Greenhaven 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 ($717.2M) exceed its short term liabilities ($41.3M).
Long Term Liabilities: BUR's short term assets ($717.2M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: BUR's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: BUR's debt to equity ratio has increased from 40.7% to 58% over the past 5 years.
Debt Coverage: BUR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BUR's interest payments on its debt are well covered by EBIT (8.4x coverage).