Björn Borg Balance Sheet Health
Financial Health criteria checks 6/6
Björn Borg has a total shareholder equity of SEK305.9M and total debt of SEK60.7M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are SEK665.2M and SEK359.3M respectively. Björn Borg's EBIT is SEK80.5M making its interest coverage ratio 8.7. It has cash and short-term investments of SEK9.4M.
Key information
19.8%
Debt to equity ratio
SEK 60.66m
Debt
| Interest coverage ratio | 8.7x |
| Cash | SEK 9.45m |
| Equity | SEK 305.91m |
| Total liabilities | SEK 359.31m |
| Total assets | SEK 665.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BORGS's short term assets (SEK357.4M) exceed its short term liabilities (SEK292.8M).
Long Term Liabilities: BORGS's short term assets (SEK357.4M) exceed its long term liabilities (SEK66.5M).
Debt to Equity History and Analysis
Debt Level: BORGS's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: BORGS's debt to equity ratio has reduced from 61.6% to 19.8% over the past 5 years.
Debt Coverage: BORGS's debt is well covered by operating cash flow (146.2%).
Interest Coverage: BORGS's interest payments on its debt are well covered by EBIT (8.7x coverage).