Petrol AD Balance Sheet Health
Financial Health criteria checks 1/6
Petrol AD has a total shareholder equity of BGN26.6M and total debt of BGN224.2M, which brings its debt-to-equity ratio to 842.8%. Its total assets and total liabilities are BGN328.4M and BGN301.8M respectively. Petrol AD's EBIT is BGN11.3M making its interest coverage ratio 2.7. It has cash and short-term investments of BGN3.3M.
Key information
842.8%
Debt to equity ratio
лв224.25m
Debt
| Interest coverage ratio | 2.7x |
| Cash | лв3.35m |
| Equity | лв26.61m |
| Total liabilities | лв301.75m |
| Total assets | лв328.36m |
Recent financial health updates
Does Petrol AD (BUL:PET) Have A Healthy Balance Sheet?
Feb 21
These 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 09Is Petrol AD (BUL:PET) Weighed On By Its Debt Load?
Jan 18Recent updates
Petrol 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 (BGN104.5M) exceed its short term liabilities (BGN73.0M).
Long Term Liabilities: PET's short term assets (BGN104.5M) do not cover its long term liabilities (BGN228.8M).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (830.2%) is considered high.
Reducing Debt: PET's debt to equity ratio has increased from 246.5% to 842.8% over the past 5 years.
Debt Coverage: PET's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: PET's interest payments on its debt are not well covered by EBIT (2.7x coverage).