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.