Bodyflight Sweden Balance Sheet Health
Financial Health criteria checks 3/6
Bodyflight Sweden has a total shareholder equity of SEK60.2M and total debt of SEK11.9M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are SEK102.5M and SEK42.2M respectively. Bodyflight Sweden's EBIT is SEK4.8M making its interest coverage ratio 2.8. It has cash and short-term investments of SEK915.0K.
Key information
19.7%
Debt to equity ratio
kr11.88m
Debt
| Interest coverage ratio | 2.8x |
| Cash | kr915.00k |
| Equity | kr60.23m |
| Total liabilities | kr42.22m |
| Total assets | kr102.45m |
Recent financial health updates
We Think Bodyflight Sweden (NGM:BODY) Is Taking Some Risk With Its Debt
Feb 02
Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
Jun 09Bodyflight Sweden (NGM:BODY) Use Of Debt Could Be Considered Risky
Jan 27Is Bodyflight Sweden (NGM:BODY) Using Too Much Debt?
Sep 12Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
May 30Here's Why Bodyflight Sweden (NGM:BODY) Is Weighed Down By Its Debt Load
Jan 13Recent updates
Bodyflight Sweden AB (publ)'s (NGM:BODY) Shares Bounce 31% But Its Business Still Trails The Market
Dec 29We Think Bodyflight Sweden (NGM:BODY) Is Taking Some Risk With Its Debt
Feb 02Fewer Investors Than Expected Jumping On Bodyflight Sweden AB (publ) (NGM:BODY)
Sep 22Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
Jun 09Bodyflight Sweden (NGM:BODY) Use Of Debt Could Be Considered Risky
Jan 27Is Bodyflight Sweden (NGM:BODY) Using Too Much Debt?
Sep 12Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
May 30Here's Why Bodyflight Sweden (NGM:BODY) Is Weighed Down By Its Debt Load
Jan 13Financial Position Analysis
Short Term Liabilities: BODY's short term assets (SEK4.6M) do not cover its short term liabilities (SEK22.7M).
Long Term Liabilities: BODY's short term assets (SEK4.6M) do not cover its long term liabilities (SEK19.5M).
Debt to Equity History and Analysis
Debt Level: BODY's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: BODY's debt to equity ratio has reduced from 29.1% to 19.7% over the past 5 years.
Debt Coverage: BODY's debt is well covered by operating cash flow (72.6%).
Interest Coverage: BODY's interest payments on its debt are not well covered by EBIT (2.8x coverage).