Industrial Holding Bulgaria AD Balance Sheet Health
Financial Health criteria checks 6/6
Industrial Holding Bulgaria AD has a total shareholder equity of BGN394.4M and total debt of BGN21.9M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are BGN448.4M and BGN54.0M respectively. Industrial Holding Bulgaria AD's EBIT is BGN7.8M making its interest coverage ratio -3.9. It has cash and short-term investments of BGN48.6M.
Key information
5.6%
Debt to equity ratio
лв21.92m
Debt
| Interest coverage ratio | -3.9x |
| Cash | лв48.57m |
| Equity | лв394.36m |
| Total liabilities | лв54.02m |
| Total assets | лв448.37m |
Recent financial health updates
Does Industrial Holding Bulgaria AD (BUL:IHB) Have A Healthy Balance Sheet?
May 18
Is Industrial Holding Bulgaria AD (BUL:4ID) A Risky Investment?
Jan 24Recent updates
There May Be Some Bright Spots In Industrial Holding Bulgaria AD's (BUL:IHB) Earnings
Sep 08Industrial Holding Bulgaria AD (BUL:IHB) Could Be Riskier Than It Looks
Feb 01Does Industrial Holding Bulgaria AD (BUL:IHB) Have A Healthy Balance Sheet?
May 18Should You Be Impressed By Industrial Holding Bulgaria AD's (BUL:IHB) Returns on Capital?
Mar 04Is Industrial Holding Bulgaria AD (BUL:4ID) A Risky Investment?
Jan 24Calculating The Fair Value Of Industrial Holding Bulgaria AD (BUL:4ID)
Dec 03Financial Position Analysis
Short Term Liabilities: IHB's short term assets (BGN79.5M) exceed its short term liabilities (BGN20.1M).
Long Term Liabilities: IHB's short term assets (BGN79.5M) exceed its long term liabilities (BGN34.0M).
Debt to Equity History and Analysis
Debt Level: IHB has more cash than its total debt.
Reducing Debt: IHB's debt to equity ratio has reduced from 17.5% to 5.6% over the past 5 years.
Debt Coverage: IHB's debt is well covered by operating cash flow (101.3%).
Interest Coverage: IHB earns more interest than it pays, so coverage of interest payments is not a concern.