BlueNord Balance Sheet Health
Financial Health criteria checks 3/6
BlueNord has a total shareholder equity of $662.2M and total debt of $1.1B, which brings its debt-to-equity ratio to 171.8%. Its total assets and total liabilities are $3.3B and $2.7B respectively. BlueNord's EBIT is $309.7M making its interest coverage ratio 3.6. It has cash and short-term investments of $305.6M.
Key information
171.8%
Debt to equity ratio
US$1.14b
Debt
Interest coverage ratio | 3.6x |
Cash | US$305.60m |
Equity | US$662.20m |
Total liabilities | US$2.68b |
Total assets | US$3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNORO's short term assets ($540.7M) exceed its short term liabilities ($490.5M).
Long Term Liabilities: BNORO's short term assets ($540.7M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: BNORO's net debt to equity ratio (125.6%) is considered high.
Reducing Debt: BNORO's debt to equity ratio has increased from 154% to 171.8% over the past 5 years.
Debt Coverage: BNORO's debt is well covered by operating cash flow (35.4%).
Interest Coverage: BNORO's interest payments on its debt are well covered by EBIT (3.6x coverage).