Velgraf Asset Management AD Balance Sheet Health
Financial Health criteria checks 2/6
Velgraf Asset Management AD has a total shareholder equity of BGN118.1M and total debt of BGN113.0M, which brings its debt-to-equity ratio to 95.7%. Its total assets and total liabilities are BGN239.2M and BGN121.1M respectively. Velgraf Asset Management AD's EBIT is BGN2.8M making its interest coverage ratio 1.2. It has cash and short-term investments of BGN8.7M.
Key information
95.7%
Debt to equity ratio
лв113.02m
Debt
| Interest coverage ratio | 1.2x |
| Cash | лв8.70m |
| Equity | лв118.13m |
| Total liabilities | лв121.07m |
| Total assets | лв239.20m |
Financial Position Analysis
Short Term Liabilities: VAM's short term assets (BGN99.8M) exceed its short term liabilities (BGN65.7M).
Long Term Liabilities: VAM's short term assets (BGN99.8M) exceed its long term liabilities (BGN55.4M).
Debt to Equity History and Analysis
Debt Level: VAM's net debt to equity ratio (88.3%) is considered high.
Reducing Debt: VAM's debt to equity ratio has increased from 17.1% to 95.7% over the past 5 years.
Debt Coverage: VAM's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: VAM's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:15 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Velgraf Asset Management AD is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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