Smart Organic AD Balance Sheet Health
Financial Health criteria checks 5/6
Smart Organic AD has a total shareholder equity of BGN77.0M and total debt of BGN18.7M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are BGN104.6M and BGN27.6M respectively. Smart Organic AD's EBIT is BGN29.2M making its interest coverage ratio 134.1. It has cash and short-term investments of BGN7.7M.
Key information
24.3%
Debt to equity ratio
лв18.73m
Debt
| Interest coverage ratio | 134.1x |
| Cash | лв7.74m |
| Equity | лв77.00m |
| Total liabilities | лв27.63m |
| Total assets | лв104.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SO's short term assets (BGN58.2M) exceed its short term liabilities (BGN12.1M).
Long Term Liabilities: SO's short term assets (BGN58.2M) exceed its long term liabilities (BGN15.5M).
Debt to Equity History and Analysis
Debt Level: SO's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SO's debt is well covered by operating cash flow (56.5%).
Interest Coverage: SO's interest payments on its debt are well covered by EBIT (134.1x coverage).