Bimini Capital Management Balance Sheet Health
Financial Health criteria checks 0/6
Bimini Capital Management has a total shareholder equity of $8.1M and total debt of $114.3M, which brings its debt-to-equity ratio to 1406.3%. Its total assets and total liabilities are $125.6M and $117.5M respectively.
Key information
1,406.3%
Debt to equity ratio
US$114.30m
Debt
Interest coverage ratio | n/a |
Cash | US$3.72m |
Equity | US$8.13m |
Total liabilities | US$117.47m |
Total assets | US$125.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMNM's short term assets ($6.2M) do not cover its short term liabilities ($87.2M).
Long Term Liabilities: BMNM's short term assets ($6.2M) do not cover its long term liabilities ($30.3M).
Debt to Equity History and Analysis
Debt Level: BMNM's net debt to equity ratio (1360.6%) is considered high.
Reducing Debt: BMNM's debt to equity ratio has increased from 787.9% to 1406.3% over the past 5 years.
Debt Coverage: BMNM's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: Insufficient data to determine if BMNM's interest payments on its debt are well covered by EBIT.