Petrol AD Balance Sheet Health
Financial Health criteria checks 1/6
Petrol AD has a total shareholder equity of BGN21.0M and total debt of BGN230.8M, which brings its debt-to-equity ratio to 1099.5%. Its total assets and total liabilities are BGN334.7M and BGN313.7M respectively. Petrol AD's EBIT is BGN5.0M making its interest coverage ratio 0.7. It has cash and short-term investments of BGN5.6M.
Key information
1,099.5%
Debt to equity ratio
лв230.77m
Debt
| Interest coverage ratio | 0.7x |
| Cash | лв5.60m |
| Equity | лв20.99m |
| Total liabilities | лв313.73m |
| Total assets | лв334.72m |
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
Why 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 (BGN107.7M) exceed its short term liabilities (BGN91.9M).
Long Term Liabilities: PET's short term assets (BGN107.7M) do not cover its long term liabilities (BGN221.8M).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (1072.8%) is considered high.
Reducing Debt: PET's debt to equity ratio has increased from 369.7% to 1099.5% over the past 5 years.
Debt Coverage: PET's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: PET's interest payments on its debt are not well covered by EBIT (0.7x coverage).