Björn Borg Balance Sheet Health
Financial Health criteria checks 5/6
Björn Borg has a total shareholder equity of SEK340.5M and total debt of SEK142.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are SEK729.6M and SEK389.1M respectively. Björn Borg's EBIT is SEK82.7M making its interest coverage ratio 12. It has cash and short-term investments of SEK3.7M.
Key information
41.9%
Debt to equity ratio
SEK 142.53m
Debt
| Interest coverage ratio | 12x |
| Cash | SEK 3.71m |
| Equity | SEK 340.52m |
| Total liabilities | SEK 389.10m |
| Total assets | SEK 729.62m |
Recent financial health updates
Does Björn Borg (STO:BORG) Have A Healthy Balance Sheet?
Jun 01
Is Björn Borg (STO:BORG) A Risky Investment?
Aug 22Björn Borg (STO:BORG) Seems To Use Debt Rather Sparingly
Sep 20These 4 Measures Indicate That Björn Borg (STO:BORG) Is Using Debt Safely
Jun 03We Think Björn Borg (STO:BORG) Can Stay On Top Of Its Debt
Nov 20Does Björn Borg (STO:BORG) Have A Healthy Balance Sheet?
Jul 17Recent updates
Björn Borg AB (publ) Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Nov 19Björn Borg AB (publ) Beat Revenue Forecasts By 19%: Here's What Analysts Are Forecasting Next
Aug 21Does Björn Borg (STO:BORG) Have A Healthy Balance Sheet?
Jun 01Investors Appear Satisfied With Björn Borg AB (publ)'s (STO:BORG) Prospects As Shares Rocket 32%
Jun 01Is Björn Borg (STO:BORG) A Risky Investment?
Aug 22Here's What To Make Of Björn Borg's (STO:BORG) Decelerating Rates Of Return
Feb 24Björn Borg (STO:BORG) Seems To Use Debt Rather Sparingly
Sep 20Returns On Capital Are Showing Encouraging Signs At Björn Borg (STO:BORG)
Aug 21These 4 Measures Indicate That Björn Borg (STO:BORG) Is Using Debt Safely
Jun 03Is Now The Time To Put Björn Borg (STO:BORG) On Your Watchlist?
Mar 17Should You Think About Buying Björn Borg AB (publ) (STO:BORG) Now?
Dec 13We Think Björn Borg (STO:BORG) Can Stay On Top Of Its Debt
Nov 20Does Björn Borg (STO:BORG) Have A Healthy Balance Sheet?
Jul 17Returns On Capital At Björn Borg (STO:BORG) Paint A Concerning Picture
Jun 09Consider This Before Buying Björn Borg AB (publ) (STO:BORG) For The 6.5% Dividend
May 04Should You Think About Buying Björn Borg AB (publ) (STO:BORG) Now?
Apr 20Does Björn Borg (STO:BORG) Have A Healthy Balance Sheet?
Apr 05Does Björn Borg AB (publ)'s (STO:BORG) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
Mar 21Is Björn Borg (STO:BORG) Using Capital Effectively?
Mar 06Reflecting on Björn Borg's (STO:BORG) Share Price Returns Over The Last Five Years
Feb 19Should You Use Björn Borg's (STO:BORG) Statutory Earnings To Analyse It?
Jan 24
Should You Think About Buying Björn Borg AB (publ) (STO:BORG) Now?
Jan 03Björn Borg (STO:BORG) Share Prices Have Dropped 41% In The Last Three Years
Nov 21Financial Position Analysis
Short Term Liabilities: BORG's short term assets (SEK422.3M) exceed its short term liabilities (SEK323.8M).
Long Term Liabilities: BORG's short term assets (SEK422.3M) exceed its long term liabilities (SEK65.3M).
Debt to Equity History and Analysis
Debt Level: BORG's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: BORG's debt to equity ratio has reduced from 60.4% to 41.9% over the past 5 years.
Debt Coverage: BORG's debt is well covered by operating cash flow (43.4%).
Interest Coverage: BORG's interest payments on its debt are well covered by EBIT (12x coverage).