Bimini Capital Management Balance Sheet Health
Financial Health criteria checks 0/6
Bimini Capital Management has a total shareholder equity of $8.3M and total debt of $140.4M, which brings its debt-to-equity ratio to 1686.8%. Its total assets and total liabilities are $151.6M and $143.3M respectively.
Key information
1,686.8%
Debt to equity ratio
US$140.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.56m |
| Equity | US$8.32m |
| Total liabilities | US$143.31m |
| Total assets | US$151.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMNM's short term assets ($7.5M) do not cover its short term liabilities ($113.3M).
Long Term Liabilities: BMNM's short term assets ($7.5M) do not cover its long term liabilities ($30.0M).
Debt to Equity History and Analysis
Debt Level: BMNM's net debt to equity ratio (1632%) is considered high.
Reducing Debt: BMNM's debt to equity ratio has increased from 671.1% to 1686.8% over the past 5 years.
Debt Coverage: BMNM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BMNM's interest payments on its debt are well covered by EBIT.