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Björn Borg Balance Sheet Health
Financial Health criteria checks 6/6
Björn Borg has a total shareholder equity of SEK376.8M and total debt of SEK96.0M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are SEK686.8M and SEK310.1M respectively. Björn Borg's EBIT is SEK82.4M making its interest coverage ratio 7.2. It has cash and short-term investments of SEK6.8M.
Key information
25.5%
Debt to equity ratio
SEK 95.99m
Debt
| Interest coverage ratio | 7.2x |
| Cash | SEK 6.80m |
| Equity | SEK 376.77m |
| Total liabilities | SEK 310.08m |
| Total assets | SEK 686.85m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: BORG IL's short term assets (SEK382.0M) exceed its short term liabilities (SEK246.8M).
Long Term Liabilities: BORG IL's short term assets (SEK382.0M) exceed its long term liabilities (SEK63.2M).
Debt to Equity History and Analysis
Debt Level: BORG IL's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: BORG IL's debt to equity ratio has reduced from 50.3% to 25.5% over the past 5 years.
Debt Coverage: BORG IL's debt is well covered by operating cash flow (47%).
Interest Coverage: BORG IL's interest payments on its debt are well covered by EBIT (7.2x coverage).