Borregaard Balance Sheet Health
Financial Health criteria checks 6/6
Borregaard has a total shareholder equity of NOK4.9B and total debt of NOK1.9B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are NOK9.2B and NOK4.2B respectively. Borregaard's EBIT is NOK1.2B making its interest coverage ratio 7.8. It has cash and short-term investments of NOK311.0M.
Key information
39.3%
Debt to equity ratio
NOK 1.94b
Debt
| Interest coverage ratio | 7.8x |
| Cash | NOK 311.00m |
| Equity | NOK 4.95b |
| Total liabilities | NOK 4.24b |
| Total assets | NOK 9.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRGA.Y's short term assets (NOK3.2B) exceed its short term liabilities (NOK1.9B).
Long Term Liabilities: BRGA.Y's short term assets (NOK3.2B) exceed its long term liabilities (NOK2.4B).
Debt to Equity History and Analysis
Debt Level: BRGA.Y's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: BRGA.Y's debt to equity ratio has reduced from 62.7% to 39.3% over the past 5 years.
Debt Coverage: BRGA.Y's debt is well covered by operating cash flow (72.2%).
Interest Coverage: BRGA.Y's interest payments on its debt are well covered by EBIT (7.8x coverage).