Neo London Capital Balance Sheet Health
Financial Health criteria checks 3/6
Neo London Capital has a total shareholder equity of BGN29.6M and total debt of BGN63.9M, which brings its debt-to-equity ratio to 215.8%. Its total assets and total liabilities are BGN132.2M and BGN102.6M respectively. Neo London Capital's EBIT is BGN25.0K making its interest coverage ratio 0. It has cash and short-term investments of BGN51.6M.
Key information
215.8%
Debt to equity ratio
лв63.94m
Debt
Interest coverage ratio | 0.009x |
Cash | лв51.60m |
Equity | лв29.63m |
Total liabilities | лв102.56m |
Total assets | лв132.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NLC's short term assets (BGN68.3M) exceed its short term liabilities (BGN67.1M).
Long Term Liabilities: NLC's short term assets (BGN68.3M) exceed its long term liabilities (BGN35.4M).
Debt to Equity History and Analysis
Debt Level: NLC's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: NLC's debt to equity ratio has increased from 144.7% to 215.8% over the past 5 years.
Debt Coverage: NLC's debt is well covered by operating cash flow (20.7%).
Interest Coverage: NLC's interest payments on its debt are not well covered by EBIT (0x coverage).