Braemar Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 4/6
Braemar Hotels & Resorts has a total shareholder equity of $818.5M and total debt of $1.2B, which brings its debt-to-equity ratio to 142%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Braemar Hotels & Resorts's EBIT is $61.4M making its interest coverage ratio 0.7. It has cash and short-term investments of $88.4M.
Key information
142.0%
Debt to equity ratio
US$1.16b
Debt
Interest coverage ratio | 0.7x |
Cash | US$88.45m |
Equity | US$818.53m |
Total liabilities | US$1.41b |
Total assets | US$2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHR.PRD's short term assets ($241.2M) exceed its short term liabilities ($166.1M).
Long Term Liabilities: BHR.PRD's short term assets ($241.2M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BHR.PRD's net debt to equity ratio (131.2%) is considered high.
Reducing Debt: BHR.PRD's debt to equity ratio has reduced from 181.5% to 142% 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 7.5% per year.