Brimstone Investment Balance Sheet Health
Financial Health criteria checks 2/6
Brimstone Investment has a total shareholder equity of ZAR5.1B and total debt of ZAR4.9B, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are ZAR12.3B and ZAR7.2B respectively. Brimstone Investment's EBIT is ZAR455.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ZAR421.8M.
Key information
95.8%
Debt to equity ratio
R4.89b
Debt
Interest coverage ratio | 1.3x |
Cash | R421.83m |
Equity | R5.10b |
Total liabilities | R7.15b |
Total assets | R12.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRN's short term assets (ZAR2.9B) exceed its short term liabilities (ZAR1.5B).
Long Term Liabilities: BRN's short term assets (ZAR2.9B) do not cover its long term liabilities (ZAR5.6B).
Debt to Equity History and Analysis
Debt Level: BRN's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: BRN's debt to equity ratio has reduced from 114.3% to 95.8% over the past 5 years.
Debt Coverage: BRN's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: BRN's interest payments on its debt are not well covered by EBIT (1.3x coverage).