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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 11:13 |
| End of Day Share Price | 2024/12/23 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |