Zarneni Hrani Bulgaria AD Balance Sheet Health
Financial Health criteria checks 5/6
Zarneni Hrani Bulgaria AD has a total shareholder equity of BGN322.0M and total debt of BGN40.3M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are BGN413.7M and BGN91.7M respectively. Zarneni Hrani Bulgaria AD's EBIT is BGN2.2M making its interest coverage ratio -3.5. It has cash and short-term investments of BGN51.6M.
Key information
12.5%
Debt to equity ratio
лв40.27m
Debt
| Interest coverage ratio | -3.5x |
| Cash | лв51.55m |
| Equity | лв322.01m |
| Total liabilities | лв91.70m |
| Total assets | лв413.72m |
Recent financial health updates
Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Sep 15
Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
May 22Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) A Risky Investment?
Feb 04Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Jun 08Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
Mar 09Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
May 29Recent updates
Some Shareholders Feeling Restless Over Zarneni Hrani Bulgaria AD's (BUL:ZHBG) P/E Ratio
Jan 23Here's What's Concerning About Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns On Capital
Nov 08Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Sep 15Zarneni Hrani Bulgaria AD (BUL:ZHBG) Has Some Difficulty Using Its Capital Effectively
Jun 29Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
May 22Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns Have Hit A Wall
Mar 17Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) A Risky Investment?
Feb 04Zarneni Hrani Bulgaria AD (BUL:ZHBG) Could Be At Risk Of Shrinking As A Company
Sep 27Is Zarneni Hrani Bulgaria AD (BUL:ZHBG) Using Too Much Debt?
Jun 08Estimating The Intrinsic Value Of Zarneni Hrani Bulgaria AD (BUL:ZHBG)
Apr 30Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
Mar 09Zarneni Hrani Bulgaria AD (BUL:ZHBG) Could Be Struggling To Allocate Capital
Jan 06Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Returns On Capital Not Reflecting Well On The Business
Aug 05Does Zarneni Hrani Bulgaria AD (BUL:ZHBG) Have A Healthy Balance Sheet?
May 29The Returns On Capital At Zarneni Hrani Bulgaria AD (BUL:ZHBG) Don't Inspire Confidence
Mar 30Zarneni Hrani Bulgaria AD (BUL:T43) Seems To Use Debt Quite Sensibly
Feb 15Should You Use Zarneni Hrani Bulgaria AD's (BUL:T43) Statutory Earnings To Analyse It?
Dec 18Financial Position Analysis
Short Term Liabilities: ZHBG's short term assets (BGN143.3M) exceed its short term liabilities (BGN43.5M).
Long Term Liabilities: ZHBG's short term assets (BGN143.3M) exceed its long term liabilities (BGN48.2M).
Debt to Equity History and Analysis
Debt Level: ZHBG has more cash than its total debt.
Reducing Debt: ZHBG's debt to equity ratio has reduced from 15.5% to 12.5% over the past 5 years.
Debt Coverage: ZHBG's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: ZHBG earns more interest than it pays, so coverage of interest payments is not a concern.