Brookmount Explorations Balance Sheet Health
Financial Health criteria checks 4/6
Brookmount Explorations has a total shareholder equity of $37.3M and total debt of $300.0K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $38.4M and $1.2M respectively. Brookmount Explorations's EBIT is $9.4M making its interest coverage ratio 126.4. It has cash and short-term investments of $64.0K.
Key information
0.8%
Debt to equity ratio
US$300.00k
Debt
Interest coverage ratio | 126.4x |
Cash | US$64.00k |
Equity | US$37.26m |
Total liabilities | US$1.17m |
Total assets | US$38.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMXI's short term assets ($3.6M) exceed its short term liabilities ($923.0K).
Long Term Liabilities: BMXI's short term assets ($3.6M) exceed its long term liabilities ($244.0K).
Debt to Equity History and Analysis
Debt Level: BMXI's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BMXI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BMXI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BMXI's interest payments on its debt are well covered by EBIT (126.4x coverage).