Balco Group Balance Sheet Health
Financial Health criteria checks 5/6
Balco Group has a total shareholder equity of SEK748.0M and total debt of SEK174.2M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are SEK1.3B and SEK519.3M respectively. Balco Group's EBIT is SEK70.4M making its interest coverage ratio 5.9. It has cash and short-term investments of SEK2.8M.
Key information
23.3%
Debt to equity ratio
SEK 174.20m
Debt
| Interest coverage ratio | 5.9x |
| Cash | SEK 2.81m |
| Equity | SEK 747.95m |
| Total liabilities | SEK 519.25m |
| Total assets | SEK 1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RUW's short term assets (SEK407.2M) exceed its short term liabilities (SEK250.7M).
Long Term Liabilities: 0RUW's short term assets (SEK407.2M) exceed its long term liabilities (SEK268.5M).
Debt to Equity History and Analysis
Debt Level: 0RUW's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: 0RUW's debt to equity ratio has reduced from 56.1% to 23.3% over the past 5 years.
Debt Coverage: 0RUW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0RUW's interest payments on its debt are well covered by EBIT (5.9x coverage).