Balkancar ZARYA Balance Sheet Health
Financial Health criteria checks 2/6
Balkancar ZARYA has a total shareholder equity of BGN8.9M and total debt of BGN8.2M, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are BGN19.9M and BGN11.0M respectively. Balkancar ZARYA's EBIT is BGN73.0K making its interest coverage ratio 0.1. It has cash and short-term investments of BGN1.2M.
Key information
92.2%
Debt to equity ratio
лв8.17m
Debt
| Interest coverage ratio | 0.1x |
| Cash | лв1.16m |
| Equity | лв8.86m |
| Total liabilities | лв10.99m |
| Total assets | лв19.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BZR's short term assets (BGN7.6M) exceed its short term liabilities (BGN3.8M).
Long Term Liabilities: BZR's short term assets (BGN7.6M) exceed its long term liabilities (BGN7.2M).
Debt to Equity History and Analysis
Debt Level: BZR's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: Insufficient data to determine if BZR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BZR's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: BZR's interest payments on its debt are not well covered by EBIT (0.1x coverage).