Trace Group Hold Balance Sheet Health
Financial Health criteria checks 3/6
Trace Group Hold has a total shareholder equity of BGN155.8M and total debt of BGN75.2M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are BGN555.7M and BGN399.9M respectively. Trace Group Hold's EBIT is BGN22.2M making its interest coverage ratio 12.4. It has cash and short-term investments of BGN9.4M.
Key information
48.3%
Debt to equity ratio
лв75.17m
Debt
| Interest coverage ratio | 12.4x |
| Cash | лв9.36m |
| Equity | лв155.75m |
| Total liabilities | лв399.92m |
| Total assets | лв555.67m |
Recent financial health updates
These 4 Measures Indicate That Trace Group Hold (BUL:T57) Is Using Debt Reasonably Well
Sep 25
Is Trace Group Hold (BUL:T57) Using Too Much Debt?
May 21Is Trace Group Hold (BUL:T57) Using Too Much Debt?
Jan 20Trace 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
These 4 Measures Indicate That Trace Group Hold (BUL:T57) Is Using Debt Reasonably Well
Sep 25A Piece Of The Puzzle Missing From Trace Group Hold PLC's (BUL:T57) 29% Share Price Climb
Sep 07We Think That There Are Issues Underlying Trace Group Hold's (BUL:T57) Earnings
Sep 06Trace Group Hold (BUL:T57) Has Announced That It Will Be Increasing Its Dividend To BGN0.25
Jul 04Is Trace Group Hold (BUL:T57) Using Too Much Debt?
May 21Investors 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 (BGN432.9M) exceed its short term liabilities (BGN370.6M).
Long Term Liabilities: T57's short term assets (BGN432.9M) exceed its long term liabilities (BGN29.3M).
Debt to Equity History and Analysis
Debt Level: T57's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: T57's debt to equity ratio has increased from 5.1% to 48.3% over the past 5 years.
Debt Coverage: T57's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: T57's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Trace Group Hold PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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