Etropal AD Balance Sheet Health
Financial Health criteria checks 4/6
Etropal AD has a total shareholder equity of BGN8.4M and total debt of BGN4.3M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are BGN18.8M and BGN10.5M respectively. Etropal AD's EBIT is BGN151.0K making its interest coverage ratio 0.6. It has cash and short-term investments of BGN159.0K.
Key information
51.0%
Debt to equity ratio
лв4.26m
Debt
| Interest coverage ratio | 0.6x |
| Cash | лв159.00k |
| Equity | лв8.36m |
| Total liabilities | лв10.46m |
| Total assets | лв18.82m |
Recent financial health updates
We Think Etropal AD (BUL:ETR) Can Stay On Top Of Its Debt
Apr 13
Etropal AD (BUL:ETR) Is Making Moderate Use Of Debt
Mar 24Etropal AD (BUL:ETR) Use Of Debt Could Be Considered Risky
May 11We Think Etropal AD (BUL:5EO) Is Taking Some Risk With Its Debt
Jan 26
Recent updates
We Think Etropal AD (BUL:ETR) Can Stay On Top Of Its Debt
Apr 13Etropal AD (BUL:ETR) Is Making Moderate Use Of Debt
Mar 24Etropal AD (BUL:ETR) Use Of Debt Could Be Considered Risky
May 11We Think Etropal AD (BUL:5EO) Is Taking Some Risk With Its Debt
Jan 26Should Weakness in Etropal AD's (BUL:5EO) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Dec 04Financial Position Analysis
Short Term Liabilities: ETR's short term assets (BGN6.5M) do not cover its short term liabilities (BGN9.3M).
Long Term Liabilities: ETR's short term assets (BGN6.5M) exceed its long term liabilities (BGN1.2M).
Debt to Equity History and Analysis
Debt Level: ETR's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: ETR's debt to equity ratio has reduced from 99.3% to 51% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ETR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ETR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.8% per year.