Velgraf Asset Management AD

BUL:VAM Stock Report

Market Cap: лв327.0m

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 ratio1.2x
Cashлв8.70m
Equityлв118.13m
Total liabilitiesлв121.07m
Total assetsлв239.20m

Recent financial health updates

Recent updates

Velgraf Asset Management AD (BUL:VAM) Seems To Use Debt Quite Sensibly

Mar 30
Velgraf Asset Management AD (BUL:VAM) Seems To Use Debt Quite Sensibly

What Type Of Shareholders Make Up Velgraf Asset Management AD's (BUL:1VX) Share Registry?

Dec 31
What Type Of Shareholders Make Up Velgraf Asset Management AD's (BUL:1VX) Share Registry?

Does Velgraf Asset Management AD (BUL:1VX) Have A Healthy Balance Sheet?

Dec 08
Does Velgraf Asset Management AD (BUL:1VX) Have A Healthy Balance Sheet?

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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