Bong Balance Sheet Health
Financial Health criteria checks 5/6
Bong has a total shareholder equity of SEK554.8M and total debt of SEK199.8M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are SEK1.6B and SEK1.0B respectively. Bong's EBIT is SEK34.0M making its interest coverage ratio 1. It has cash and short-term investments of SEK129.4M.
Key information
36.0%
Debt to equity ratio
kr199.83m
Debt
Interest coverage ratio | 1x |
Cash | kr129.36m |
Equity | kr554.77m |
Total liabilities | kr1.02b |
Total assets | kr1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 20L's short term assets (SEK657.5M) exceed its short term liabilities (SEK657.0M).
Long Term Liabilities: 20L's short term assets (SEK657.5M) exceed its long term liabilities (SEK359.5M).
Debt to Equity History and Analysis
Debt Level: 20L's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 20L's debt to equity ratio has increased from 35.7% to 36% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 20L has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 20L is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.9% per year.