Binero Group Balance Sheet Health
Financial Health criteria checks 3/6
Binero Group has a total shareholder equity of SEK90.0M and total debt of SEK15.6M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are SEK149.3M and SEK59.3M respectively.
Key information
17.4%
Debt to equity ratio
kr15.63m
Debt
| Interest coverage ratio | n/a |
| Cash | kr4.52m |
| Equity | kr89.97m |
| Total liabilities | kr59.30m |
| Total assets | kr149.26m |
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
Is 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 (SEK27.0M) do not cover its short term liabilities (SEK40.0M).
Long Term Liabilities: BINERO's short term assets (SEK27.0M) exceed its long term liabilities (SEK19.3M).
Debt to Equity History and Analysis
Debt Level: BINERO's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: BINERO's debt to equity ratio has reduced from 20.5% to 17.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BINERO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BINERO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.8% each year