Rodna Zemya Holding AD Balance Sheet Health
Financial Health criteria checks 2/6
Rodna Zemya Holding AD has a total shareholder equity of BGN118.9M and total debt of BGN138.9M, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are BGN354.7M and BGN235.8M respectively. Rodna Zemya Holding AD's EBIT is BGN6.1M making its interest coverage ratio 2.3. It has cash and short-term investments of BGN41.0M.
Key information
116.8%
Debt to equity ratio
лв138.87m
Debt
| Interest coverage ratio | 2.3x |
| Cash | лв40.98m |
| Equity | лв118.93m |
| Total liabilities | лв235.80m |
| Total assets | лв354.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HRZ's short term assets (BGN166.3M) exceed its short term liabilities (BGN100.9M).
Long Term Liabilities: HRZ's short term assets (BGN166.3M) exceed its long term liabilities (BGN134.9M).
Debt to Equity History and Analysis
Debt Level: HRZ's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: Insufficient data to determine if HRZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HRZ's debt is not well covered by operating cash flow (13.8%).
Interest Coverage: HRZ's interest payments on its debt are not well covered by EBIT (2.3x coverage).