Bavarian Nordic Balance Sheet Health
Financial Health criteria checks 6/6
Bavarian Nordic has a total shareholder equity of DKK9.7B and total debt of DKK18.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK15.0B and DKK5.3B respectively. Bavarian Nordic's EBIT is DKK1.3B making its interest coverage ratio -67. It has cash and short-term investments of DKK1.4B.
Key information
0.2%
Debt to equity ratio
kr.17.98m
Debt
Interest coverage ratio | -67x |
Cash | kr.1.39b |
Equity | kr.9.69b |
Total liabilities | kr.5.31b |
Total assets | kr.14.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BV3's short term assets (DKK4.4B) exceed its short term liabilities (DKK2.9B).
Long Term Liabilities: BV3's short term assets (DKK4.4B) exceed its long term liabilities (DKK2.4B).
Debt to Equity History and Analysis
Debt Level: BV3 has more cash than its total debt.
Reducing Debt: BV3's debt to equity ratio has reduced from 30.6% to 0.2% over the past 5 years.
Debt Coverage: BV3's debt is well covered by operating cash flow (3157.5%).
Interest Coverage: BV3 earns more interest than it pays, so coverage of interest payments is not a concern.