Billerud Balance Sheet Health
Financial Health criteria checks 5/6
Billerud has a total shareholder equity of SEK27.5B and total debt of SEK6.9B, which brings its debt-to-equity ratio to 25.3%. Its total assets and total liabilities are SEK48.8B and SEK21.3B respectively. Billerud's EBIT is SEK288.0M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK1.6B.
Key information
25.3%
Debt to equity ratio
kr6.94b
Debt
Interest coverage ratio | 1.4x |
Cash | kr1.56b |
Equity | kr27.49b |
Total liabilities | kr21.35b |
Total assets | kr48.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLRD.F's short term assets (SEK14.3B) exceed its short term liabilities (SEK10.8B).
Long Term Liabilities: BLRD.F's short term assets (SEK14.3B) exceed its long term liabilities (SEK10.5B).
Debt to Equity History and Analysis
Debt Level: BLRD.F's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: BLRD.F's debt to equity ratio has reduced from 64.5% to 25.3% over the past 5 years.
Debt Coverage: BLRD.F's debt is well covered by operating cash flow (55.1%).
Interest Coverage: BLRD.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).