Smart Organic AD Balance Sheet Health
Financial Health criteria checks 5/6
Smart Organic AD has a total shareholder equity of BGN91.1M and total debt of BGN21.5M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are BGN119.3M and BGN28.2M respectively. Smart Organic AD's EBIT is BGN30.4M making its interest coverage ratio 76.9. It has cash and short-term investments of BGN1.8M.
Key information
23.63%
Debt to equity ratio
лв21.52m
Debt
| Interest coverage ratio | 76.9x |
| Cash | лв1.84m |
| Equity | лв91.06m |
| Total liabilities | лв28.21m |
| Total assets | лв119.27m |
Recent financial health updates
Recent updates
Smart Organic AD's (BUL:SO) Conservative Accounting Might Explain Soft Earnings
Feb 05
Here's Why Smart Organic AD (BUL:SO) Can Manage Its Debt Responsibly
Apr 26Smart Organic AD's (BUL:SO) Shareholders Might Be Looking For Exit
Jan 30Smart Organic AD's (BUL:SO) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06Why Smart Organic AD's (BUL:SO) Earnings Are Better Than They Seem
Apr 08Financial Position Analysis
Short Term Liabilities: SO's short term assets (BGN62.8M) exceed its short term liabilities (BGN10.7M).
Long Term Liabilities: SO's short term assets (BGN62.8M) exceed its long term liabilities (BGN17.5M).
Debt to Equity History and Analysis
Debt Level: SO's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: SO's debt to equity ratio has reduced from 38.5% to 23.6% over the past 5 years.
Debt Coverage: SO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SO's interest payments on its debt are well covered by EBIT (76.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/09 07:01 |
| End of Day Share Price | 2026/03/09 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Smart Organic AD is covered by 1 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 |
|---|---|
| Petar Peychev | Elana Trading |