Byggma Balance Sheet Health
Financial Health criteria checks 2/6
Byggma has a total shareholder equity of NOK833.8M and total debt of NOK1.2B, which brings its debt-to-equity ratio to 139.5%. Its total assets and total liabilities are NOK2.9B and NOK2.1B respectively. Byggma's EBIT is NOK326.1M making its interest coverage ratio 14.2. It has cash and short-term investments of NOK38.6M.
Key information
139.5%
Debt to equity ratio
NOK 1.16b
Debt
| Interest coverage ratio | 14.2x |
| Cash | NOK 38.60m |
| Equity | NOK 833.80m |
| Total liabilities | NOK 2.09b |
| Total assets | NOK 2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DVM's short term assets (NOK773.7M) do not cover its short term liabilities (NOK1.1B).
Long Term Liabilities: 0DVM's short term assets (NOK773.7M) do not cover its long term liabilities (NOK1.0B).
Debt to Equity History and Analysis
Debt Level: 0DVM's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: 0DVM's debt to equity ratio has increased from 35.9% to 139.5% over the past 5 years.
Debt Coverage: 0DVM's debt is well covered by operating cash flow (27.2%).
Interest Coverage: 0DVM's interest payments on its debt are well covered by EBIT (14.2x coverage).