Borgestad Balance Sheet Health
Financial Health criteria checks 6/6
Borgestad has a total shareholder equity of NOK806.8M and total debt of NOK427.1M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are NOK1.5B and NOK718.9M respectively. Borgestad's EBIT is NOK74.6M making its interest coverage ratio 4.7. It has cash and short-term investments of NOK132.3M.
Key information
52.9%
Debt to equity ratio
NOK 427.12m
Debt
| Interest coverage ratio | 4.7x |
| Cash | NOK 132.34m |
| Equity | NOK 806.80m |
| Total liabilities | NOK 718.86m |
| Total assets | NOK 1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DTO's short term assets (NOK566.2M) exceed its short term liabilities (NOK317.1M).
Long Term Liabilities: 0DTO's short term assets (NOK566.2M) exceed its long term liabilities (NOK401.7M).
Debt to Equity History and Analysis
Debt Level: 0DTO's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 0DTO's debt to equity ratio has reduced from 220.1% to 52.9% over the past 5 years.
Debt Coverage: 0DTO's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 0DTO's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 11:10 |
| End of Day Share Price | 2024/11/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Borgestad ASA is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Žilvinas Jusaitis | Norne Securities AS |