Petrol AD Balance Sheet Health
Financial Health criteria checks 1/6
Petrol AD has a total shareholder equity of BGN25.8M and total debt of BGN258.5M, which brings its debt-to-equity ratio to 1001.2%. Its total assets and total liabilities are BGN354.1M and BGN328.3M respectively. Petrol AD's EBIT is BGN11.0M making its interest coverage ratio 0.7. It has cash and short-term investments of BGN2.5M.
Key information
1,001.2%
Debt to equity ratio
лв258.53m
Debt
| Interest coverage ratio | 0.7x |
| Cash | лв2.53m |
| Equity | лв25.82m |
| Total liabilities | лв328.27m |
| Total assets | лв354.09m |
Recent financial health updates
These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jul 18
Does Petrol AD (BUL:PET) Have A Healthy Balance Sheet?
Feb 21These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Nov 08These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jun 16Here's Why Petrol AD (BUL:PET) Has A Meaningful Debt Burden
Mar 17Petrol AD (BUL:PET) Takes On Some Risk With Its Use Of Debt
Jun 09Recent updates
Petrol AD's (BUL:PET) Solid Earnings May Rest On Weak Foundations
Dec 09Why Investors Shouldn't Be Surprised By Petrol AD's (BUL:PET) 26% Share Price Plunge
Oct 18These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jul 18Petrol AD (BUL:PET) Not Doing Enough For Some Investors As Its Shares Slump 28%
Jun 18Shaky Earnings May Not Tell The Whole Story For Petrol AD (BUL:PET)
Jun 09We Like These Underlying Return On Capital Trends At Petrol AD (BUL:PET)
May 24Petrol AD (BUL:PET) Looks Inexpensive After Falling 31% But Perhaps Not Attractive Enough
Apr 18Does Petrol AD (BUL:PET) Have A Healthy Balance Sheet?
Feb 21These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Nov 08Petrol AD (BUL:PET) Shareholders Will Want The ROCE Trajectory To Continue
Aug 08These 4 Measures Indicate That Petrol AD (BUL:PET) Is Using Debt Extensively
Jun 16Here's Why Petrol AD (BUL:PET) Has A Meaningful Debt Burden
Mar 17Petrol AD's (BUL:PET) Returns On Capital Are Heading Higher
Nov 18Petrol AD (BUL:PET) Takes On Some Risk With Its Use Of Debt
Jun 09Returns Are Gaining Momentum At Petrol AD (BUL:PET)
Mar 15Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Jan 18Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Sep 28Is Petrol AD (BUL:PET) A Risky Investment?
Mar 25Is Petrol AD (BUL:5PET) Using Debt In A Risky Way?
Dec 09
Financial Position Analysis
Short Term Liabilities: PET's short term assets (BGN98.3M) exceed its short term liabilities (BGN86.5M).
Long Term Liabilities: PET's short term assets (BGN98.3M) do not cover its long term liabilities (BGN241.8M).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (991.3%) is considered high.
Reducing Debt: PET's debt to equity ratio has increased from 295.9% to 1001.2% over the past 5 years.
Debt Coverage: PET's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: PET's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 21:59 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| 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
Petrol 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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