Balco Group Balance Sheet Health
Financial Health criteria checks 6/6
Balco Group has a total shareholder equity of SEK745.9M and total debt of SEK124.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are SEK1.3B and SEK564.6M respectively. Balco Group's EBIT is SEK99.4M making its interest coverage ratio 13. It has cash and short-term investments of SEK16.4M.
Key information
16.7%
Debt to equity ratio
SEK 124.20m
Debt
| Interest coverage ratio | 13x |
| Cash | SEK 16.40m |
| Equity | SEK 745.90m |
| Total liabilities | SEK 564.60m |
| Total assets | SEK 1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BALCOS's short term assets (SEK437.7M) exceed its short term liabilities (SEK318.5M).
Long Term Liabilities: BALCOS's short term assets (SEK437.7M) exceed its long term liabilities (SEK246.1M).
Debt to Equity History and Analysis
Debt Level: BALCOS's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: BALCOS's debt to equity ratio has reduced from 47.5% to 16.7% over the past 5 years.
Debt Coverage: BALCOS's debt is well covered by operating cash flow (128.5%).
Interest Coverage: BALCOS's interest payments on its debt are well covered by EBIT (13x coverage).