Trace Group Hold Balance Sheet Health
Financial Health criteria checks 5/6
Trace Group Hold has a total shareholder equity of BGN147.7M and total debt of BGN12.8M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are BGN410.6M and BGN262.9M respectively. Trace Group Hold's EBIT is BGN22.5M making its interest coverage ratio 32.7. It has cash and short-term investments of BGN53.9M.
Key information
8.6%
Debt to equity ratio
лв12.77m
Debt
| Interest coverage ratio | 32.7x |
| Cash | лв53.86m |
| Equity | лв147.74m |
| Total liabilities | лв262.87m |
| Total assets | лв410.61m |
Recent financial health updates
Is Trace Group Hold (BUL:T57) Using Too Much Debt?
Jan 20
Trace Group Hold (BUL:T57) Has A Pretty Healthy Balance Sheet
Feb 01Here's Why Trace Group Hold (BUL:T57) Can Manage Its Debt Responsibly
May 26Trace Group Hold (BUL:T57) Has A Rock Solid Balance Sheet
Feb 15Recent updates
Investors Will Want Trace Group Hold's (BUL:T57) Growth In ROCE To Persist
Mar 01A Piece Of The Puzzle Missing From Trace Group Hold PLC's (BUL:T57) 26% Share Price Climb
Jan 18Trace Group Hold's (BUL:T57) Returns Have Hit A Wall
Jul 25Is Trace Group Hold (BUL:T57) Using Too Much Debt?
Jan 20Trace Group Hold (BUL:T57) Has A Pretty Healthy Balance Sheet
Feb 01Trace Group Hold's (BUL:T57) Soft Earnings Are Actually Better Than They Appear
Jun 08Here's Why Trace Group Hold (BUL:T57) Can Manage Its Debt Responsibly
May 26Trace Group Hold (BUL:T57) Has Some Way To Go To Become A Multi-Bagger
Mar 24Trace Group Hold (BUL:T57) Has A Rock Solid Balance Sheet
Feb 15If You Had Bought Trace Group Hold's (BUL:T57) Shares Five Years Ago You Would Be Down 43%
Dec 18
Financial Position Analysis
Short Term Liabilities: T57's short term assets (BGN300.1M) exceed its short term liabilities (BGN234.6M).
Long Term Liabilities: T57's short term assets (BGN300.1M) exceed its long term liabilities (BGN28.2M).
Debt to Equity History and Analysis
Debt Level: T57 has more cash than its total debt.
Reducing Debt: T57's debt to equity ratio has increased from 6.9% to 8.6% over the past 5 years.
Debt Coverage: T57's debt is well covered by operating cash flow (385.9%).
Interest Coverage: T57's interest payments on its debt are well covered by EBIT (32.7x coverage).