Besqab Balance Sheet Health
Financial Health criteria checks 4/6
Besqab has a total shareholder equity of SEK3.1B and total debt of SEK1.7B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are SEK5.7B and SEK2.5B respectively. Besqab's EBIT is SEK5.9M making its interest coverage ratio 0.1. It has cash and short-term investments of SEK562.0M.
Key information
54.4%
Debt to equity ratio
SEK 1.71b
Debt
| Interest coverage ratio | 0.1x |
| Cash | SEK 562.00m |
| Equity | SEK 3.14b |
| Total liabilities | SEK 2.53b |
| Total assets | SEK 5.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BESQAB PREF B's short term assets (SEK4.2B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: BESQAB PREF B's short term assets (SEK4.2B) exceed its long term liabilities (SEK728.3M).
Debt to Equity History and Analysis
Debt Level: BESQAB PREF B's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: BESQAB PREF B's debt to equity ratio has increased from 47.6% to 54.4% over the past 5 years.
Debt Coverage: BESQAB PREF B's debt is well covered by operating cash flow (65.2%).
Interest Coverage: BESQAB PREF B's interest payments on its debt are not well covered by EBIT (0.1x coverage).