Zarneni Hrani Bulgaria AD Balance Sheet Health
Financial Health criteria checks 5/6
Zarneni Hrani Bulgaria AD has a total shareholder equity of BGN326.7M and total debt of BGN36.5M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are BGN415.9M and BGN89.2M respectively. Zarneni Hrani Bulgaria AD's EBIT is BGN2.4M making its interest coverage ratio -1.5. It has cash and short-term investments of BGN7.7M.
Key information
11.2%
Debt to equity ratio
лв36.47m
Debt
| Interest coverage ratio | -1.5x |
| Cash | лв7.70m |
| Equity | лв326.72m |
| Total liabilities | лв89.15m |
| Total assets | лв415.87m |
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
Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Earnings Are Weaker Than They Seem
Dec 07Zarneni Hrani Bulgaria AD's (BUL:ZHBG) Prospects Need A Boost To Lift Shares
Aug 06These Return Metrics Don't Make Zarneni Hrani Bulgaria AD (BUL:ZHBG) Look Too Strong
May 30Some 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 (BGN154.6M) exceed its short term liabilities (BGN42.8M).
Long Term Liabilities: ZHBG's short term assets (BGN154.6M) exceed its long term liabilities (BGN46.3M).
Debt to Equity History and Analysis
Debt Level: ZHBG's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: ZHBG's debt to equity ratio has reduced from 13.3% to 11.2% over the past 5 years.
Debt Coverage: ZHBG's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: ZHBG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:57 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Zarneni Hrani Bulgaria AD is covered by 0 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 |
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