Braemar Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 3/6
Braemar Hotels & Resorts has a total shareholder equity of $765.8M and total debt of $1.2B, which brings its debt-to-equity ratio to 157.7%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Braemar Hotels & Resorts's EBIT is $42.3M making its interest coverage ratio 0.4. It has cash and short-term investments of $169.2M.
Key information
157.7%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$169.16m |
| Equity | US$765.78m |
| Total liabilities | US$1.41b |
| Total assets | US$2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHR.PRD's short term assets ($286.2M) do not cover its short term liabilities ($454.3M).
Long Term Liabilities: BHR.PRD's short term assets ($286.2M) do not cover its long term liabilities ($957.6M).
Debt to Equity History and Analysis
Debt Level: BHR.PRD's net debt to equity ratio (135.7%) is considered high.
Reducing Debt: BHR.PRD's debt to equity ratio has reduced from 209.8% to 157.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BHR.PRD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BHR.PRD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.4% per year.