Varna-Plod Ad Balance Sheet Health
Financial Health criteria checks 6/6
Varna-Plod Ad has a total shareholder equity of BGN33.6M and total debt of BGN3.1M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are BGN39.7M and BGN6.1M respectively. Varna-Plod Ad's EBIT is BGN617.0K making its interest coverage ratio -2. It has cash and short-term investments of BGN12.5M.
Key information
9.2%
Debt to equity ratio
лв3.08m
Debt
| Interest coverage ratio | -2x |
| Cash | лв12.46m |
| Equity | лв33.60m |
| Total liabilities | лв6.08m |
| Total assets | лв39.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VPLD's short term assets (BGN31.0M) exceed its short term liabilities (BGN5.2M).
Long Term Liabilities: VPLD's short term assets (BGN31.0M) exceed its long term liabilities (BGN868.0K).
Debt to Equity History and Analysis
Debt Level: VPLD has more cash than its total debt.
Reducing Debt: VPLD's debt to equity ratio has reduced from 10.5% to 9.2% over the past 5 years.
Debt Coverage: VPLD's debt is well covered by operating cash flow (49.1%).
Interest Coverage: VPLD earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/23 07:22 |
| End of Day Share Price | 2024/08/26 00:00 |
| Earnings | 2024/06/30 |
| 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
Varna-Plod Ad 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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