Binero Group Balance Sheet Health
Financial Health criteria checks 4/6
Binero Group has a total shareholder equity of SEK117.7M and total debt of SEK14.2M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are SEK304.4M and SEK186.7M respectively.
Key information
12.1%
Debt to equity ratio
SEK 14.20m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 35.80m |
| Equity | SEK 117.70m |
| Total liabilities | SEK 186.70m |
| Total assets | SEK 304.40m |
Recent financial health updates
Is Binero Group (STO:BINERO) A Risky Investment?
Sep 14
Here's Why Binero Group (STO:BINERO) Can Afford Some Debt
May 29Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?
Jan 16Binero Group (STO:BINERO) Is Carrying A Fair Bit Of Debt
Oct 02Binero Group (STO:BINERO) Is Making Moderate Use Of Debt
Jun 17Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?
Mar 02Recent updates
Sentiment Still Eluding Binero Group AB (publ) (STO:BINERO)
Oct 04Is Binero Group (STO:BINERO) A Risky Investment?
Sep 14Here's Why Binero Group (STO:BINERO) Can Afford Some Debt
May 29Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?
Jan 16Binero Group (STO:BINERO) Is Carrying A Fair Bit Of Debt
Oct 02Binero Group (STO:BINERO) Is Making Moderate Use Of Debt
Jun 17Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?
Mar 02Read This Before Selling Binero Group AB (publ) (STO:BINERO) Shares
Feb 08Binero Group's (STO:BINERO) Shareholders Are Down 5.3% On Their Investment Over The Past Year.
Dec 18
Financial Position Analysis
Short Term Liabilities: BINERO's short term assets (SEK124.8M) do not cover its short term liabilities (SEK167.6M).
Long Term Liabilities: BINERO's short term assets (SEK124.8M) exceed its long term liabilities (SEK19.1M).
Debt to Equity History and Analysis
Debt Level: BINERO has more cash than its total debt.
Reducing Debt: BINERO's debt to equity ratio has reduced from 27.6% to 12.1% over the past 5 years.
Debt Coverage: BINERO's debt is well covered by operating cash flow (26.3%).
Interest Coverage: Insufficient data to determine if BINERO's interest payments on its debt are well covered by EBIT.