Bulgartabac Holding AD Balance Sheet Health
Financial Health criteria checks 3/6
Bulgartabac Holding AD has a total shareholder equity of BGN340.3M and total debt of BGN178.3M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are BGN730.2M and BGN389.9M respectively.
Key information
52.4%
Debt to equity ratio
лв178.26m
Debt
| Interest coverage ratio | n/a |
| Cash | лв9.94m |
| Equity | лв340.31m |
| Total liabilities | лв389.90m |
| Total assets | лв730.22m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BTH's short term assets (BGN301.0M) exceed its short term liabilities (BGN214.8M).
Long Term Liabilities: BTH's short term assets (BGN301.0M) exceed its long term liabilities (BGN175.1M).
Debt to Equity History and Analysis
Debt Level: BTH's net debt to equity ratio (49.5%) is considered high.
Reducing Debt: BTH's debt to equity ratio has reduced from 57.8% to 52.4% over the past 5 years.
Debt Coverage: BTH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BTH's interest payments on its debt are well covered by EBIT.