Balco Group Balance Sheet Health
Financial Health criteria checks 5/6
Balco Group has a total shareholder equity of SEK801.3M and total debt of SEK359.2M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are SEK1.7B and SEK896.5M respectively. Balco Group's EBIT is SEK59.6M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK49.1M.
Key information
44.8%
Debt to equity ratio
kr359.20m
Debt
Interest coverage ratio | 3.2x |
Cash | kr49.10m |
Equity | kr801.30m |
Total liabilities | kr896.50m |
Total assets | kr1.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B9C's short term assets (SEK593.7M) exceed its short term liabilities (SEK393.8M).
Long Term Liabilities: B9C's short term assets (SEK593.7M) exceed its long term liabilities (SEK502.7M).
Debt to Equity History and Analysis
Debt Level: B9C's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: B9C's debt to equity ratio has reduced from 48.8% to 44.8% over the past 5 years.
Debt Coverage: B9C's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: B9C's interest payments on its debt are well covered by EBIT (3.2x coverage).