Bergs Timber Balance Sheet Health
Financial Health criteria checks 6/6
Bergs Timber has a total shareholder equity of SEK1.8B and total debt of SEK29.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are SEK2.5B and SEK656.0M respectively. Bergs Timber's EBIT is SEK150.0M making its interest coverage ratio 18.8. It has cash and short-term investments of SEK216.0M.
Key information
1.6%
Debt to equity ratio
SEK 29.00m
Debt
| Interest coverage ratio | 18.8x |
| Cash | SEK 216.00m |
| Equity | SEK 1.83b |
| Total liabilities | SEK 656.00m |
| Total assets | SEK 2.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRGBS's short term assets (SEK1.2B) exceed its short term liabilities (SEK415.0M).
Long Term Liabilities: BRGBS's short term assets (SEK1.2B) exceed its long term liabilities (SEK241.0M).
Debt to Equity History and Analysis
Debt Level: BRGBS has more cash than its total debt.
Reducing Debt: BRGBS's debt to equity ratio has reduced from 48.5% to 1.6% over the past 5 years.
Debt Coverage: BRGBS's debt is well covered by operating cash flow (1224.1%).
Interest Coverage: BRGBS's interest payments on its debt are well covered by EBIT (18.8x coverage).