Balco Group Balance Sheet Health
Financial Health criteria checks 5/6
Balco Group has a total shareholder equity of SEK801.3M and total debt of SEK359.2M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are SEK1.7B and SEK896.5M respectively. Balco Group's EBIT is SEK59.6M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK49.1M.
Key information
44.8%
Debt to equity ratio
kr359.20m
Debt
| Interest coverage ratio | 3.2x |
| Cash | kr49.10m |
| Equity | kr801.30m |
| Total liabilities | kr896.50m |
| Total assets | kr1.70b |
Recent financial health updates
Is Balco Group (STO:BALCO) A Risky Investment?
Aug 22
We Think Balco Group (STO:BALCO) Can Stay On Top Of Its Debt
Sep 30Does Balco Group (STO:BALCO) Have A Healthy Balance Sheet?
Sep 11Balco Group (STO:BALCO) Seems To Use Debt Quite Sensibly
May 05Balco Group (STO:BALCO) Could Easily Take On More Debt
Feb 04
Recent updates
Balco Group AB (STO:BALCO) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jan 06Is Balco Group (STO:BALCO) A Risky Investment?
Aug 22Investors Can Find Comfort In Balco Group's (STO:BALCO) Earnings Quality
Feb 15We Think Balco Group (STO:BALCO) Can Stay On Top Of Its Debt
Sep 30Does Balco Group (STO:BALCO) Have A Healthy Balance Sheet?
Sep 11Balco Group (STO:BALCO) Seems To Use Debt Quite Sensibly
May 05Are Strong Financial Prospects The Force That Is Driving The Momentum In Balco Group AB's STO:BALCO) Stock?
Mar 11Can You Imagine How Balco Group's (STO:BALCO) Shareholders Feel About The 38% Share Price Increase?
Feb 21Balco Group (STO:BALCO) Could Easily Take On More Debt
Feb 04Head of Human Resources Jesper Magnusson Just Sold A Bunch Of Shares In Balco Group AB (STO:BALCO)
Jan 17Here's Why I Think Balco Group (STO:BALCO) Might Deserve Your Attention Today
Jan 04Are Institutions Heavily Invested In Balco Group AB's (STO:BALCO) Shares?
Dec 19Financial Position Analysis
Short Term Liabilities: BALCO's short term assets (SEK593.7M) exceed its short term liabilities (SEK393.8M).
Long Term Liabilities: BALCO's short term assets (SEK593.7M) exceed its long term liabilities (SEK502.7M).
Debt to Equity History and Analysis
Debt Level: BALCO's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: BALCO's debt to equity ratio has reduced from 48.8% to 44.8% over the past 5 years.
Debt Coverage: BALCO's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: BALCO's interest payments on its debt are well covered by EBIT (3.2x coverage).