Bonheur Balance Sheet Health
Financial Health criteria checks 3/6
Bonheur has a total shareholder equity of NOK7.7B and total debt of NOK10.5B, which brings its debt-to-equity ratio to 136.2%. Its total assets and total liabilities are NOK23.5B and NOK15.8B respectively. Bonheur's EBIT is NOK2.8B making its interest coverage ratio 8.3. It has cash and short-term investments of NOK6.3B.
Key information
136.2%
Debt to equity ratio
NOK 10.48b
Debt
Interest coverage ratio | 8.3x |
Cash | NOK 6.26b |
Equity | NOK 7.69b |
Total liabilities | NOK 15.80b |
Total assets | NOK 23.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BONHRO's short term assets (NOK9.2B) exceed its short term liabilities (NOK4.8B).
Long Term Liabilities: BONHRO's short term assets (NOK9.2B) do not cover its long term liabilities (NOK11.0B).
Debt to Equity History and Analysis
Debt Level: BONHRO's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: BONHRO's debt to equity ratio has increased from 123.5% to 136.2% over the past 5 years.
Debt Coverage: BONHRO's debt is well covered by operating cash flow (28.3%).
Interest Coverage: BONHRO's interest payments on its debt are well covered by EBIT (8.3x coverage).