Bergman & Beving Balance Sheet Health
Financial Health criteria checks 4/6
Bergman & Beving has a total shareholder equity of SEK2.2B and total debt of SEK1.4B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are SEK6.1B and SEK3.8B respectively. Bergman & Beving's EBIT is SEK360.0M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK296.0M.
Key information
61.1%
Debt to equity ratio
SEK 1.35b
Debt
Interest coverage ratio | 3.2x |
Cash | SEK 296.00m |
Equity | SEK 2.21b |
Total liabilities | SEK 3.85b |
Total assets | SEK 6.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLRB's short term assets (SEK2.6B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: BLRB's short term assets (SEK2.6B) exceed its long term liabilities (SEK2.4B).
Debt to Equity History and Analysis
Debt Level: BLRB's net debt to equity ratio (47.8%) is considered high.
Reducing Debt: BLRB's debt to equity ratio has increased from 26.6% to 61.1% over the past 5 years.
Debt Coverage: BLRB's debt is well covered by operating cash flow (49%).
Interest Coverage: BLRB's interest payments on its debt are well covered by EBIT (3.2x coverage).