Bavarian Nordic Balance Sheet Health
Financial Health criteria checks 6/6
Bavarian Nordic has a total shareholder equity of DKK10.2B and total debt of DKK16.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK13.6B and DKK3.4B respectively. Bavarian Nordic's EBIT is DKK1.7B making its interest coverage ratio -34.9. It has cash and short-term investments of DKK2.3B.
Key information
0.2%
Debt to equity ratio
kr.16.58m
Debt
Interest coverage ratio | -34.9x |
Cash | kr.2.29b |
Equity | kr.10.17b |
Total liabilities | kr.3.45b |
Total assets | kr.13.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAVAC's short term assets (DKK4.8B) exceed its short term liabilities (DKK2.9B).
Long Term Liabilities: BAVAC's short term assets (DKK4.8B) exceed its long term liabilities (DKK511.4M).
Debt to Equity History and Analysis
Debt Level: BAVAC has more cash than its total debt.
Reducing Debt: BAVAC's debt to equity ratio has reduced from 19.3% to 0.2% over the past 5 years.
Debt Coverage: BAVAC's debt is well covered by operating cash flow (10672.2%).
Interest Coverage: BAVAC earns more interest than it pays, so coverage of interest payments is not a concern.