Bang & Olufsen Balance Sheet Health
Financial Health criteria checks 5/6
Bang & Olufsen has a total shareholder equity of DKK940.0M and total debt of DKK438.0M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are DKK2.2B and DKK1.2B respectively. Bang & Olufsen's EBIT is DKK25.0M making its interest coverage ratio 2.1. It has cash and short-term investments of DKK519.0M.
Key information
46.6%
Debt to equity ratio
DKK 438.00m
Debt
| Interest coverage ratio | 2.1x |
| Cash | DKK 519.00m |
| Equity | DKK 940.00m |
| Total liabilities | DKK 1.24b |
| Total assets | DKK 2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MRM's short term assets (DKK1.3B) exceed its short term liabilities (DKK1.0B).
Long Term Liabilities: 0MRM's short term assets (DKK1.3B) exceed its long term liabilities (DKK225.0M).
Debt to Equity History and Analysis
Debt Level: 0MRM has more cash than its total debt.
Reducing Debt: 0MRM's debt to equity ratio has increased from 5.4% to 46.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0MRM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0MRM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.1% per year.