Beerenberg Balance Sheet Health
Financial Health criteria checks 5/6
Beerenberg has a total shareholder equity of NOK878.0M and total debt of NOK483.0M, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are NOK2.1B and NOK1.2B respectively. Beerenberg's EBIT is NOK201.2M making its interest coverage ratio 4.8. It has cash and short-term investments of NOK77.0M.
Key information
55.0%
Debt to equity ratio
NOK 483.00m
Debt
| Interest coverage ratio | 4.8x |
| Cash | NOK 77.00m |
| Equity | NOK 878.00m |
| Total liabilities | NOK 1.18b |
| Total assets | NOK 2.06b |
Financial Position Analysis
Short Term Liabilities: BBERG's short term assets (NOK905.0M) exceed its short term liabilities (NOK712.0M).
Long Term Liabilities: BBERG's short term assets (NOK905.0M) exceed its long term liabilities (NOK465.0M).
Debt to Equity History and Analysis
Debt Level: BBERG's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: BBERG's debt to equity ratio has reduced from 199.6% to 55% over the past 5 years.
Debt Coverage: BBERG's debt is well covered by operating cash flow (34.6%).
Interest Coverage: BBERG's interest payments on its debt are well covered by EBIT (4.8x coverage).