Sin Cars Industry AD Balance Sheet Health
Financial Health criteria checks 2/6
Sin Cars Industry AD has a total shareholder equity of BGN2.0M and total debt of BGN3.2M, which brings its debt-to-equity ratio to 160.4%. Its total assets and total liabilities are BGN9.1M and BGN7.1M respectively.
Key information
160.4%
Debt to equity ratio
лв3.24m
Debt
| Interest coverage ratio | n/a |
| Cash | лв157.00k |
| Equity | лв2.02m |
| Total liabilities | лв7.08m |
| Total assets | лв9.10m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SIN's short term assets (BGN5.5M) exceed its short term liabilities (BGN3.5M).
Long Term Liabilities: SIN's short term assets (BGN5.5M) exceed its long term liabilities (BGN3.6M).
Debt to Equity History and Analysis
Debt Level: SIN's net debt to equity ratio (152.6%) is considered high.
Reducing Debt: Insufficient data to determine if SIN's debt to equity ratio has reduced 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: SIN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.2% each year