Brikor Balance Sheet Health
Financial Health criteria checks 4/6
Brikor has a total shareholder equity of ZAR126.7M and total debt of ZAR26.8M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are ZAR323.0M and ZAR196.3M respectively. Brikor's EBIT is ZAR33.8M making its interest coverage ratio 2.3. It has cash and short-term investments of ZAR183.0K.
Key information
21.2%
Debt to equity ratio
R26.80m
Debt
| Interest coverage ratio | 2.3x |
| Cash | R183.00k |
| Equity | R126.67m |
| Total liabilities | R196.30m |
| Total assets | R322.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BIK's short term assets (ZAR103.9M) do not cover its short term liabilities (ZAR116.5M).
Long Term Liabilities: BIK's short term assets (ZAR103.9M) exceed its long term liabilities (ZAR79.8M).
Debt to Equity History and Analysis
Debt Level: BIK's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: BIK's debt to equity ratio has reduced from 36.3% to 21.2% over the past 5 years.
Debt Coverage: BIK's debt is well covered by operating cash flow (62.7%).
Interest Coverage: BIK's interest payments on its debt are not well covered by EBIT (2.3x coverage).