Borregaard Balance Sheet Health
Financial Health criteria checks 4/6
Borregaard has a total shareholder equity of NOK4.9B and total debt of NOK2.4B, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are NOK9.3B and NOK4.4B respectively. Borregaard's EBIT is NOK1.3B making its interest coverage ratio 8. It has cash and short-term investments of NOK200.0M.
Key information
48.7%
Debt to equity ratio
kr2.37b
Debt
Interest coverage ratio | 8x |
Cash | kr200.00m |
Equity | kr4.88b |
Total liabilities | kr4.41b |
Total assets | kr9.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BO4's short term assets (NOK3.3B) exceed its short term liabilities (NOK1.9B).
Long Term Liabilities: BO4's short term assets (NOK3.3B) exceed its long term liabilities (NOK2.5B).
Debt to Equity History and Analysis
Debt Level: BO4's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: BO4's debt to equity ratio has increased from 43.5% to 48.7% over the past 5 years.
Debt Coverage: BO4's debt is well covered by operating cash flow (53.5%).
Interest Coverage: BO4's interest payments on its debt are well covered by EBIT (8x coverage).