Berner Industrier Balance Sheet Health
Financial Health criteria checks 5/6
Berner Industrier has a total shareholder equity of SEK233.6M and total debt of SEK118.0M, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are SEK639.4M and SEK405.8M respectively. Berner Industrier's EBIT is SEK63.6M making its interest coverage ratio 6.5. It has cash and short-term investments of SEK59.7M.
Key information
50.5%
Debt to equity ratio
SEK 118.00m
Debt
| Interest coverage ratio | 6.5x |
| Cash | SEK 59.75m |
| Equity | SEK 233.59m |
| Total liabilities | SEK 405.78m |
| Total assets | SEK 639.38m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BERNBS's short term assets (SEK282.9M) do not cover its short term liabilities (SEK324.9M).
Long Term Liabilities: BERNBS's short term assets (SEK282.9M) exceed its long term liabilities (SEK80.9M).
Debt to Equity History and Analysis
Debt Level: BERNBS's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: BERNBS's debt to equity ratio has reduced from 55.1% to 50.5% over the past 5 years.
Debt Coverage: BERNBS's debt is well covered by operating cash flow (101.5%).
Interest Coverage: BERNBS's interest payments on its debt are well covered by EBIT (6.5x coverage).