Björn Borg Balance Sheet Health
Financial Health criteria checks 5/6
Björn Borg has a total shareholder equity of SEK340.5M and total debt of SEK142.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are SEK729.6M and SEK389.1M respectively. Björn Borg's EBIT is SEK82.7M making its interest coverage ratio 12. It has cash and short-term investments of SEK3.7M.
Key information
41.9%
Debt to equity ratio
SEK 142.53m
Debt
| Interest coverage ratio | 12x |
| Cash | SEK 3.71m |
| Equity | SEK 340.52m |
| Total liabilities | SEK 389.10m |
| Total assets | SEK 729.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6BB's short term assets (SEK422.3M) exceed its short term liabilities (SEK323.8M).
Long Term Liabilities: 6BB's short term assets (SEK422.3M) exceed its long term liabilities (SEK65.3M).
Debt to Equity History and Analysis
Debt Level: 6BB's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: 6BB's debt to equity ratio has reduced from 60.4% to 41.9% over the past 5 years.
Debt Coverage: 6BB's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 6BB's interest payments on its debt are well covered by EBIT (12x coverage).