Smart Organic AD Balance Sheet Health
Financial Health criteria checks 5/6
Smart Organic AD has a total shareholder equity of BGN45.4M and total debt of BGN10.4M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are BGN62.7M and BGN17.2M respectively. Smart Organic AD's EBIT is BGN26.7M making its interest coverage ratio 267.2. It has cash and short-term investments of BGN5.1M.
Key information
22.9%
Debt to equity ratio
лв10.41m
Debt
| Interest coverage ratio | 267.2x |
| Cash | лв5.11m |
| Equity | лв45.45m |
| Total liabilities | лв17.21m |
| Total assets | лв62.65m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SO's short term assets (BGN31.0M) exceed its short term liabilities (BGN9.1M).
Long Term Liabilities: SO's short term assets (BGN31.0M) exceed its long term liabilities (BGN8.1M).
Debt to Equity History and Analysis
Debt Level: SO's net debt to equity ratio (11.7%) 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 (135.5%).
Interest Coverage: SO's interest payments on its debt are well covered by EBIT (267.2x coverage).