Zarneni Hrani Bulgaria AD Balance Sheet Health
Financial Health criteria checks 6/6
Zarneni Hrani Bulgaria AD has a total shareholder equity of BGN325.3M and total debt of BGN37.9M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are BGN416.6M and BGN91.3M respectively. Zarneni Hrani Bulgaria AD's EBIT is BGN2.3M making its interest coverage ratio -1.4. It has cash and short-term investments of BGN8.6M.
Key information
11.7%
Debt to equity ratio
лв37.94m
Debt
| Interest coverage ratio | -1.4x |
| Cash | лв8.61m |
| Equity | лв325.30m |
| Total liabilities | лв91.34m |
| Total assets | лв416.64m |
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) 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 (BGN151.7M) exceed its short term liabilities (BGN44.4M).
Long Term Liabilities: ZHBG's short term assets (BGN151.7M) exceed its long term liabilities (BGN46.9M).
Debt to Equity History and Analysis
Debt Level: ZHBG's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: ZHBG's debt to equity ratio has reduced from 13.9% to 11.7% over the past 5 years.
Debt Coverage: ZHBG's debt is well covered by operating cash flow (21.1%).
Interest Coverage: ZHBG earns more interest than it pays, so coverage of interest payments is not a concern.