Blue Ridge Real Estate Balance Sheet Health
Financial Health criteria checks 5/6
Blue Ridge Real Estate has a total shareholder equity of $21.6M and total debt of $11.5K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are $23.3M and $1.7M respectively. Blue Ridge Real Estate's EBIT is $2.9M making its interest coverage ratio -4.9. It has cash and short-term investments of $12.0M.
Key information
0.05%
Debt to equity ratio
US$11.46k
Debt
Interest coverage ratio | -4.9x |
Cash | US$11.99m |
Equity | US$21.64m |
Total liabilities | US$1.69m |
Total assets | US$23.33m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BRRE's short term assets ($12.8M) exceed its short term liabilities ($730.3K).
Long Term Liabilities: BRRE's short term assets ($12.8M) exceed its long term liabilities ($958.9K).
Debt to Equity History and Analysis
Debt Level: BRRE has more cash than its total debt.
Reducing Debt: BRRE's debt to equity ratio has increased from 0% to 0.05% over the past 5 years.
Debt Coverage: BRRE's debt is well covered by operating cash flow (32464.4%).
Interest Coverage: BRRE earns more interest than it pays, so coverage of interest payments is not a concern.