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
Here's Why Brimstone Investment (JSE:BRT) Is Weighed Down By Its Debt Load
Sep 05
These 4 Measures Indicate That Brimstone Investment (JSE:BRT) Is Using Debt In A Risky Way
Mar 09Recent updates
Here's Why Brimstone Investment (JSE:BRT) Is Weighed Down By Its Debt Load
Sep 05Brimstone Investment (JSE:BRT) Will Pay A Larger Dividend Than Last Year At ZAR0.33
Apr 05Brimstone Investment (JSE:BRT) Has Announced That It Will Be Increasing Its Dividend To ZAR0.33
Mar 10If EPS Growth Is Important To You, Brimstone Investment (JSE:BRT) Presents An Opportunity
Jan 24With EPS Growth And More, Brimstone Investment (JSE:BRT) Makes An Interesting Case
Oct 07Robust Earnings May Not Tell The Whole Story For Brimstone Investment (JSE:BRT)
Sep 07Calculating The Fair Value Of Brimstone Investment Corporation Limited (JSE:BRT)
Jul 30These 4 Measures Indicate That Brimstone Investment (JSE:BRT) Is Using Debt In A Risky Way
Mar 09Brimstone Investment's (JSE:BRT) Shareholders Are Down 53% On Their Shares
Jan 30
Financial Position Analysis
Short Term Liabilities: BRT's short term assets (ZAR2.9B) exceed its short term liabilities (ZAR1.5B).
Long Term Liabilities: BRT's short term assets (ZAR2.9B) do not cover its long term liabilities (ZAR5.6B).
Debt to Equity History and Analysis
Debt Level: BRT's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: BRT's debt to equity ratio has reduced from 114.3% to 95.8% over the past 5 years.
Debt Coverage: BRT's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: BRT's interest payments on its debt are not well covered by EBIT (1.3x coverage).