Bong Balance Sheet Health
Financial Health criteria checks 5/6
Bong has a total shareholder equity of SEK552.1M and total debt of SEK223.3M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are SEK1.6B and SEK1.0B respectively. Bong's EBIT is SEK24.0M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK141.2M.
Key information
40.4%
Debt to equity ratio
SEK 223.30m
Debt
| Interest coverage ratio | 0.7x |
| Cash | SEK 141.20m |
| Equity | SEK 552.10m |
| Total liabilities | SEK 1.05b |
| Total assets | SEK 1.60b |
Recent financial health updates
Recent updates
Shareholders May Be A Bit More Conservative With Bong AB (publ)'s (STO:BONG) CEO Compensation For Now
May 09
Bong AB (publ)'s (STO:BONG) Price Is Right But Growth Is Lacking
Oct 23Bong (STO:BONG) Might Have The Makings Of A Multi-Bagger
Sep 14Calculating The Fair Value Of Bong AB (publ) (STO:BONG)
Aug 12If EPS Growth Is Important To You, Bong (STO:BONG) Presents An Opportunity
Jul 19Is Bong (STO:BONG) Using Too Much Debt?
Jun 09Bong's (STO:BONG) Earnings Are Of Questionable Quality
Apr 26Is Bong (STO:BONG) A Risky Investment?
Dec 20Financial Position Analysis
Short Term Liabilities: BONG's short term assets (SEK650.6M) exceed its short term liabilities (SEK604.2M).
Long Term Liabilities: BONG's short term assets (SEK650.6M) exceed its long term liabilities (SEK442.9M).
Debt to Equity History and Analysis
Debt Level: BONG's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: BONG's debt to equity ratio has increased from 39.3% to 40.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BONG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BONG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 23:15 |
| End of Day Share Price | 2024/12/19 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Bong AB (publ) is covered by 3 analysts. 0 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 |
|---|---|
| Claes Vikbladh | ABG Sundal Collier Sponsored |
| Henrik Alveskog | Redeye |
| Peter Näslund | Swedbank Large Corporates & Institutions |