Vidachim AD Balance Sheet Health
Financial Health criteria checks 2/6
Vidachim AD has a total shareholder equity of BGN2.2M and total debt of BGN5.4M, which brings its debt-to-equity ratio to 243.3%. Its total assets and total liabilities are BGN58.0M and BGN55.8M respectively.
Key information
243.3%
Debt to equity ratio
лв5.35m
Debt
| Interest coverage ratio | n/a |
| Cash | лв34.00k |
| Equity | лв2.20m |
| Total liabilities | лв55.82m |
| Total assets | лв58.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIDA's short term assets (BGN3.8M) do not cover its short term liabilities (BGN55.1M).
Long Term Liabilities: VIDA's short term assets (BGN3.8M) exceed its long term liabilities (BGN682.0K).
Debt to Equity History and Analysis
Debt Level: VIDA's net debt to equity ratio (241.7%) is considered high.
Reducing Debt: VIDA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VIDA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VIDA's interest payments on its debt are well covered by EBIT.