Brookmount Explorations Balance Sheet Health
Financial Health criteria checks 5/6
Brookmount Explorations has a total shareholder equity of $42.9M and total debt of $733.0K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are $45.1M and $2.2M respectively. Brookmount Explorations's EBIT is $10.3M making its interest coverage ratio 109.4. It has cash and short-term investments of $131.0K.
Key information
1.7%
Debt to equity ratio
US$733.00k
Debt
| Interest coverage ratio | 109.4x |
| Cash | US$131.00k |
| Equity | US$42.92m |
| Total liabilities | US$2.18m |
| Total assets | US$45.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMXI's short term assets ($3.0M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: BMXI's short term assets ($3.0M) exceed its long term liabilities ($225.0K).
Debt to Equity History and Analysis
Debt Level: BMXI's net debt to equity ratio (1.4%) 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 debt is well covered by operating cash flow (466.6%).
Interest Coverage: BMXI's interest payments on its debt are well covered by EBIT (109.4x coverage).