Web Media Group AD Balance Sheet Health
Financial Health criteria checks 5/6
Web Media Group AD has a total shareholder equity of BGN3.6M and total debt of BGN8.5M, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are BGN12.8M and BGN9.1M respectively.
Key information
233.9%
Debt to equity ratio
лв8.53m
Debt
| Interest coverage ratio | n/a |
| Cash | лв566.00k |
| Equity | лв3.65m |
| Total liabilities | лв9.11m |
| Total assets | лв12.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WMG's short term assets (BGN7.7M) exceed its short term liabilities (BGN2.9M).
Long Term Liabilities: WMG's short term assets (BGN7.7M) exceed its long term liabilities (BGN6.2M).
Debt to Equity History and Analysis
Debt Level: WMG's net debt to equity ratio (218.4%) is considered high.
Reducing Debt: WMG's debt to equity ratio has reduced from 409.4% to 233.9% 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 WMG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WMG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.3% per year.