Billerud Balance Sheet Health
Financial Health criteria checks 6/6
Billerud has a total shareholder equity of SEK27.2B and total debt of SEK7.6B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are SEK48.3B and SEK21.1B respectively. Billerud's EBIT is SEK1.3B making its interest coverage ratio 4.6. It has cash and short-term investments of SEK1.5B.
Key information
27.8%
Debt to equity ratio
SEK 7.57b
Debt
| Interest coverage ratio | 4.6x |
| Cash | SEK 1.48b |
| Equity | SEK 27.20b |
| Total liabilities | SEK 21.07b |
| Total assets | SEK 48.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNF's short term assets (SEK14.8B) exceed its short term liabilities (SEK11.0B).
Long Term Liabilities: BNF's short term assets (SEK14.8B) exceed its long term liabilities (SEK10.0B).
Debt to Equity History and Analysis
Debt Level: BNF's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: BNF's debt to equity ratio has reduced from 46.3% to 27.8% over the past 5 years.
Debt Coverage: BNF's debt is well covered by operating cash flow (46.6%).
Interest Coverage: BNF's interest payments on its debt are well covered by EBIT (4.6x coverage).