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
Borgestad (OB:BOR) Use Of Debt Could Be Considered Risky
May 23
These 4 Measures Indicate That Borgestad (OB:BOR) Is Using Debt In A Risky Way
Nov 05Health Check: How Prudently Does Borgestad (OB:BOR) Use Debt?
Jul 13Is Borgestad (OB:BOR) A Risky Investment?
Mar 10Borgestad (OB:BOR) Has No Shortage Of Debt
Nov 24Recent updates
There May Be Underlying Issues With The Quality Of Borgestad's (OB:BOR) Earnings
Nov 22Borgestad ASA's (OB:BOR) Business Is Trailing The Industry But Its Shares Aren't
Aug 02Borgestad ASA's (OB:BOR) CEO Compensation Is Looking A Bit Stretched At The Moment
May 27What Borgestad ASA's (OB:BOR) 27% Share Price Gain Is Not Telling You
Apr 14Some Shareholders Feeling Restless Over Borgestad ASA's (OB:BOR) P/S Ratio
Dec 25Borgestad (OB:BOR) Use Of Debt Could Be Considered Risky
May 23These 4 Measures Indicate That Borgestad (OB:BOR) Is Using Debt In A Risky Way
Nov 05When Should You Buy Borgestad ASA (OB:BOR)?
Mar 26Health Check: How Prudently Does Borgestad (OB:BOR) Use Debt?
Jul 13Is Borgestad (OB:BOR) A Risky Investment?
Mar 10Have Insiders Been Buying Borgestad ASA (OB:BOR) Shares?
Jan 17
Borgestad (OB:BOR) Has No Shortage Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: BOR's short term assets (NOK566.2M) exceed its short term liabilities (NOK317.1M).
Long Term Liabilities: BOR's short term assets (NOK566.2M) exceed its long term liabilities (NOK401.7M).
Debt to Equity History and Analysis
Debt Level: BOR's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: BOR's debt to equity ratio has reduced from 220.1% to 52.9% over the past 5 years.
Debt Coverage: BOR's debt is well covered by operating cash flow (28.6%).
Interest Coverage: BOR's interest payments on its debt are well covered by EBIT (4.7x coverage).