Bang & Olufsen Balance Sheet Health
Financial Health criteria checks 5/6
Bang & Olufsen has a total shareholder equity of DKK989.0M and total debt of DKK440.0M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are DKK2.2B and DKK1.2B respectively. Bang & Olufsen's EBIT is DKK66.0M making its interest coverage ratio 9.4. It has cash and short-term investments of DKK539.0M.
Key information
44.5%
Debt to equity ratio
kr.440.00m
Debt
Interest coverage ratio | 9.4x |
Cash | kr.539.00m |
Equity | kr.989.00m |
Total liabilities | kr.1.23b |
Total assets | kr.2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MRM's short term assets (DKK1.4B) exceed its short term liabilities (DKK1.0B).
Long Term Liabilities: 0MRM's short term assets (DKK1.4B) exceed its long term liabilities (DKK199.0M).
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 6.1% to 44.5% over the past 5 years.
Debt Coverage: 0MRM's debt is well covered by operating cash flow (48%).
Interest Coverage: 0MRM's interest payments on its debt are well covered by EBIT (9.4x coverage).