Tchaikapharma High Quality Medicines AD Balance Sheet Health
Financial Health criteria checks 6/6
Tchaikapharma High Quality Medicines AD has a total shareholder equity of BGN106.5M and total debt of BGN9.8M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are BGN123.3M and BGN16.8M respectively. Tchaikapharma High Quality Medicines AD's EBIT is BGN3.6M making its interest coverage ratio 29.2. It has cash and short-term investments of BGN65.0K.
Key information
9.2%
Debt to equity ratio
лв9.79m
Debt
| Interest coverage ratio | 29.2x |
| Cash | лв65.00k |
| Equity | лв106.47m |
| Total liabilities | лв16.82m |
| Total assets | лв123.30m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: THQM's short term assets (BGN81.1M) exceed its short term liabilities (BGN14.8M).
Long Term Liabilities: THQM's short term assets (BGN81.1M) exceed its long term liabilities (BGN2.0M).
Debt to Equity History and Analysis
Debt Level: THQM's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: THQM's debt to equity ratio has reduced from 10.1% to 9.2% over the past 5 years.
Debt Coverage: THQM's debt is well covered by operating cash flow (33%).
Interest Coverage: THQM's interest payments on its debt are well covered by EBIT (29.2x coverage).