Bulmetal JSC Balance Sheet Health
Financial Health criteria checks 3/6
Bulmetal JSC has a total shareholder equity of BGN66.4M and total debt of BGN38.7M, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are BGN142.3M and BGN75.9M respectively. Bulmetal JSC's EBIT is BGN13.5M making its interest coverage ratio 7.1. It has cash and short-term investments of BGN2.6M.
Key information
58.3%
Debt to equity ratio
лв38.70m
Debt
| Interest coverage ratio | 7.1x |
| Cash | лв2.58m |
| Equity | лв66.37m |
| Total liabilities | лв75.93m |
| Total assets | лв142.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMTL's short term assets (BGN73.2M) exceed its short term liabilities (BGN57.9M).
Long Term Liabilities: BMTL's short term assets (BGN73.2M) exceed its long term liabilities (BGN18.0M).
Debt to Equity History and Analysis
Debt Level: BMTL's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: Insufficient data to determine if BMTL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BMTL's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: BMTL's interest payments on its debt are well covered by EBIT (7.1x coverage).