Neo London Capital Balance Sheet Health
Financial Health criteria checks 2/6
Neo London Capital has a total shareholder equity of BGN30.1M and total debt of BGN88.9M, which brings its debt-to-equity ratio to 295.9%. Its total assets and total liabilities are BGN148.9M and BGN118.8M respectively.
Key information
295.9%
Debt to equity ratio
лв88.92m
Debt
| Interest coverage ratio | n/a |
| Cash | лв33.78m |
| Equity | лв30.05m |
| Total liabilities | лв118.83m |
| Total assets | лв148.89m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NLC's short term assets (BGN101.1M) exceed its short term liabilities (BGN53.3M).
Long Term Liabilities: NLC's short term assets (BGN101.1M) exceed its long term liabilities (BGN65.5M).
Debt to Equity History and Analysis
Debt Level: NLC's net debt to equity ratio (183.5%) is considered high.
Reducing Debt: NLC's debt to equity ratio has increased from 142.1% to 295.9% over the past 5 years.
Debt Coverage: NLC's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if NLC's interest payments on its debt are well covered by EBIT.