Balco Group Balance Sheet Health
Financial Health criteria checks 4/6
Balco Group has a total shareholder equity of SEK798.6M and total debt of SEK337.0M, which brings its debt-to-equity ratio to 42.2%. Its total assets and total liabilities are SEK1.6B and SEK829.6M respectively. Balco Group's EBIT is SEK40.0M making its interest coverage ratio 1.7. It has cash and short-term investments of SEK39.4M.
Key information
42.2%
Debt to equity ratio
SEK 337.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | SEK 39.40m |
| Equity | SEK 798.60m |
| Total liabilities | SEK 829.60m |
| Total assets | SEK 1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B9C's short term assets (SEK548.6M) exceed its short term liabilities (SEK338.3M).
Long Term Liabilities: B9C's short term assets (SEK548.6M) exceed its long term liabilities (SEK491.3M).
Debt to Equity History and Analysis
Debt Level: B9C's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: B9C's debt to equity ratio has reduced from 46.8% to 42.2% over the past 5 years.
Debt Coverage: B9C's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: B9C's interest payments on its debt are not well covered by EBIT (1.7x coverage).