Binero Group AB (publ)

OM:BINERO Stock Report

Market Cap: SEK 259.2m

Binero Group Balance Sheet Health

Financial Health criteria checks 4/6

Binero Group has a total shareholder equity of SEK121.7M and total debt of SEK52.5M, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are SEK403.6M and SEK281.9M respectively.

Key information

43.14%

Debt to equity ratio

SEK 52.50m

Debt

Interest coverage ration/a
CashSEK 55.20m
EquitySEK 121.70m
Total liabilitiesSEK 281.90m
Total assetsSEK 403.60m

Recent financial health updates

Recent updates

Analysis Article Feb 28

Binero Group's (STO:BINERO) Solid Profits Have Weak Fundamentals

Despite posting some strong earnings, the market for Binero Group AB (publ)'s ( STO:BINERO ) stock hasn't moved much...
Analysis Article Jan 30

Investors Appear Satisfied With Binero Group AB (publ)'s (STO:BINERO) Prospects As Shares Rocket 28%

Binero Group AB (publ) ( STO:BINERO ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Oct 04

Sentiment Still Eluding Binero Group AB (publ) (STO:BINERO)

It's not a stretch to say that Binero Group AB (publ)'s ( STO:BINERO ) price-to-sales (or "P/S") ratio of 1.2x right...
Analysis Article Sep 14

Is Binero Group (STO:BINERO) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 29

Here's Why Binero Group (STO:BINERO) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jan 16

Does Binero Group (STO:BINERO) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Oct 02

Binero Group (STO:BINERO) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 17

Binero Group (STO:BINERO) Is Making Moderate Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 02

Binero Group (STO:BINERO) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 08

Read This Before Selling Binero Group AB (publ) (STO:BINERO) Shares

It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
Analysis Article Dec 18

Binero Group's (STO:BINERO) Shareholders Are Down 5.3% On Their Investment Over The Past Year.

Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. While...

Financial Position Analysis

Short Term Liabilities: BINERO's short term assets (SEK149.9M) do not cover its short term liabilities (SEK213.4M).

Long Term Liabilities: BINERO's short term assets (SEK149.9M) exceed its long term liabilities (SEK68.5M).


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 increased from 0% to 43.1% 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: Whilst unprofitable BINERO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BINERO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 50.7% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/27 14:59
End of Day Share Price 2026/05/27 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Binero Group AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nils SjogrenABG Sundal Collier Sponsored
Oskar VilhelmssonRedeye
Rasmus JacobssonRedeye