B3 Consulting Group Balance Sheet Health
Financial Health criteria checks 4/6
B3 Consulting Group has a total shareholder equity of SEK274.0M and total debt of SEK234.2M, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are SEK913.1M and SEK639.1M respectively. B3 Consulting Group's EBIT is SEK30.7M making its interest coverage ratio 3.1. It has cash and short-term investments of SEK87.3M.
Key information
85.5%
Debt to equity ratio
SEK 234.20m
Debt
| Interest coverage ratio | 3.1x |
| Cash | SEK 87.30m |
| Equity | SEK 274.00m |
| Total liabilities | SEK 639.10m |
| Total assets | SEK 913.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B37's short term assets (SEK373.0M) exceed its short term liabilities (SEK362.4M).
Long Term Liabilities: B37's short term assets (SEK373.0M) exceed its long term liabilities (SEK276.7M).
Debt to Equity History and Analysis
Debt Level: B37's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: B37's debt to equity ratio has reduced from 96.2% to 85.5% over the past 5 years.
Debt Coverage: B37's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: B37's interest payments on its debt are well covered by EBIT (3.1x coverage).