Akumplast JSC Balance Sheet Health
Financial Health criteria checks 6/6
Akumplast JSC has a total shareholder equity of BGN5.8M and total debt of BGN11.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are BGN7.4M and BGN1.7M respectively. Akumplast JSC's EBIT is BGN1.1M making its interest coverage ratio 11.6. It has cash and short-term investments of BGN1.2M.
Key information
0.2%
Debt to equity ratio
лв11.00k
Debt
| Interest coverage ratio | 11.6x |
| Cash | лв1.17m |
| Equity | лв5.78m |
| Total liabilities | лв1.66m |
| Total assets | лв7.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKUM's short term assets (BGN4.0M) exceed its short term liabilities (BGN1.6M).
Long Term Liabilities: AKUM's short term assets (BGN4.0M) exceed its long term liabilities (BGN105.0K).
Debt to Equity History and Analysis
Debt Level: AKUM has more cash than its total debt.
Reducing Debt: AKUM's debt to equity ratio has reduced from 2.5% to 0.2% over the past 5 years.
Debt Coverage: AKUM's debt is well covered by operating cash flow (9936.4%).
Interest Coverage: AKUM's interest payments on its debt are well covered by EBIT (11.6x coverage).